FOR SALE
$875,000

76 Combine Street
Coffs Harbour NSW 2450

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1345m2
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Develop & Reap The Rewards...

Located just moments from the Coffs Harbour CBD and boasting an elevated northerly aspect, this charming 3-bedroom cottage is set on a generous 1,345m² block, offering an exceptional development opportunity.
The vendors have already done the groundwork, securing an approved Development Application to subdivide the block into two Torrens Title lots:
Lot 11: 927m². Ideally suited to dual occupancy or a large family home.
Lot 10: 417m². Ideally suited to a 3 bedroom home (see concept plan in images).
The existing cottage currently generates a rental income of $490 per week and features 3 bedrooms, a sunroom, lounge, kitchen, and 2 bathrooms. The property is in good condition throughout and would suit relocation at the time of subdivision.
With land becoming increasingly scarce, this property presents a fantastic opportunity to build three new dwellings and reap the financial rewards.
Don't miss out on this unique development opportunity!
Zoning R2
Rent $490pw
Lease expires 17/1/25
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Property Details for 76 Combine St, Coffs Harbour

76 Combine St, Coffs Harbour is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1345m2. The place is currently for sale with The Edge Coffs Harbour.

Building Type
House
Land Size
1345m2

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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. It has 52 parks covering nearly 16.3% of total area. The population of Coffs Harbour in 2011 was 24,581 people. By 2016 the population was 25,746 showing a population growth of 4.7% in the area during that time. The predominant age group in Coffs Harbour is 50-59 years. Households in Coffs Harbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coffs Harbour work in a professional occupation. In 2011, 55.7% of the homes in Coffs Harbour were owner-occupied compared with 56% in 2016.

Coffs Harbour has 16,697 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.14% increase in median value, while Units have seen a 46.33% increase. As at 31 August 2024:

  • The median value for Houses in Coffs Harbour is $763,874 while the median value for Units is $510,360.
  • Houses have a median rent of $640 while Units have a median rent of $490.
There are currently 228 properties listed for sale, and 149 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 619 properties were sold in the past 12 months in Coffs harbour.

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Brett Finnie
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The Edge Coffs Harbour
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