FOR SALE
$890,000 + GST

Shop 1/108-118 Harbour Drive
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 1m2
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PRIME RETAIL INVESTMENT

This is an amazing opportunity to purchase your own boutique retail investment.
New 2 year lease from 1/7/24 with options to 2034.
This popular Vietnamese Caf occupies an absolute prime high-profile location on Harbour Drive's busiest pedestrian position opposite Coffs Central Shopping Centre.
Shop 1 accommodates an approximate gross leasable area of 71m2 with favourable rear access and enjoys two onsite car parking spaces.
This prime retail investment is in Harbour Drive, between City Square and Gordon Street, among such retailers as Nik 'N She, NAB, Aussie Home Loans, Travel Associates, Coffs Newsagency, Cutties Cakes, and Parry's Jewellers.
Previously occupied as Jian's Sushi & Noodle Bar for two decades the Vietnamese Cafe enjoys huge locational goodwill.
Coffs Harbour's burgeoning City Centre now includes Coffs new $80m Civic Centre and the high-rise CODA apartment building which will bring 250 patrons to the CBD and is due for completion in early 2026.
Coffs Central across the street has been approved for a high-rise hotel but will now be building another residential high rise bringing more patrons to the CBD.
The completion of the highway by-pass in late 2026 will remove unwanted traffic and the whole CBD will be beautified.
This is a fantastic time to secure your prime CBD investment.
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Property Details for Shop 1/108-118 Harbour Dr, Coffs Harbour

Building Type
Commercial
Floor Size
71m2
Land Size
1m2

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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 16,673 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.09% increase in median value, while Units have seen a 45.01% increase. As at 31 October 2024:

  • The median value for Houses in Coffs Harbour is $775,432 while the median value for Units is $507,938.
  • Houses have a median rent of $640 while Units have a median rent of $500.
There are currently 255 properties listed for sale, and 148 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 587 properties were sold in the past 12 months in Coffs harbour.

Suburb Insights for Coffs Harbour 2450

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Troy Mitchell
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LJ Hooker Commercial Coffs Harbour
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.