FOR SALE
$449,000

115 & 115a Bridge Street
Coraki NSW 2471

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 916m2
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2 FOR THE PRICE OF 1

Sitting on a 916m2 block are 2 highset dwellings fully approved for dual occupancy.
115 Bridge Street is a one-bedroom house, which is fully tiled throughout, has an open kitchen and living area along with a main bathroom - consists of a shower, toilet, vanity and second tub which acts as a combined laundry. The kitchen has an upright electric stove and has had an upgraded bench and cupboards. Both the living area and bedroom have ceiling fans. NBN is connected to the property, instant gas hot water system and a timber covered verandah on both sides with access to downstairs. Underneath the house is fully open for storage and has a single car accommodation. The yard is fully fenced.
115A Bridge Street is a two bedroom house - both bedrooms have carpet flooring along with ceiling fans. The kitchen has a small pantry and upright stove. An open living area with tiled floors throughout. This main bathroom has a shower, toilet, vanity and bathtub. There is a separate internal laundry with rear stairs access to downstairs. It has a long timber front verandah along with stairs to underneath the house. The yard is fully fenced also.
With a tenant in place and one recently vacated, the combined potential rental return would be in the vicinity of $640 - $670 per week.
A great addition to a portfolio or for a family looking at doing dual occupancy. This property had water just lap the underside of the flooring during the 2022 weather event.
For a private inspection please call Gary Ghilardi on 0438 868 627.

Property Details for 115 & 115a Bridge St, Coraki

115 & 115a Bridge St, Coraki is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 916m2. The place is currently for sale with Wal Murray & Co First National - LISMORE.

Building Type
House
Land Size
916m2

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About Coraki 2471

The size of Coraki is approximately 28.1 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Coraki in 2011 was 1,477 people. By 2016 the population was 1,286 showing a population decline of 12.9% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation. In 2011, 71.8% of the homes in Coraki were owner-occupied compared with 71.3% in 2016.

Coraki has 710 properties. Over the last 5 years, Houses in Coraki have seen a 47.54% increase in median value, while Units have seen a 51.01% increase. As at 30 November 2024:

  • The median value for Houses in Coraki is $447,343 while the median value for Units is $378,659.
  • Houses have a median rent of $470.
There are currently 16 properties listed for sale, and no properties listed for rent in Coraki on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Coraki.

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Gary Ghilardi
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Wal Murray & Co First National - LISMORE
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