FOR SALE
$880,000

37 Coral Street
Corindi Beach NSW 2456

Bedrooms: -
Bathrooms: 2
Car spaces: -
Land area: 1416m2
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SHED OR DEVELOP OPPORTUNITY

Formerly known as the Corindi Beach Indoor Cricket and Sports Stadium, this huge industrial sized shed and large 1416sqm block is now on the market and ready to sell!
Located a short walking distance to the beach, Corindi Public School, and all other amenities in the beautiful coastal village, this is a fantastic opportunity for either an investor, or someone looking for an enormous shed for work or play.
The rare sized parcel is large enough to subdivide into 3 allotments (subject to council approval and demo of shed) and with prices and a shortage of vacant land currently available, would be a valuable investment for the budding developer.
The opportunity to build a house beside the existing shed is very achievable with the vacant area previously used as a parking lot, offering ample space for a home and yard.
The land is very flat making building costs less than most and highly sought after for future buyers. Land is already a scarcity in this region so why not take the opportunity to secure a potential 3 lot subdivision or buy a great homesite with an existing shed in a popular beachside location!
Zoning: R2
Land size: 1416sqm approx.
Council Rates: $3710 annually
Building Size: 38M X 13.2M approx.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 37 Coral St, Corindi Beach

37 Coral St, Corindi Beach is a bedroom, 2 bathroom House. The property has a land size of 1416m2. The place is currently for sale with Vision Property Sales.

Building Type
House
Land Size
1416m2

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About Corindi Beach 2456

The size of Corindi Beach is approximately 24.3 square kilometres. It has 3 parks covering nearly 14.5% of total area. The population of Corindi Beach in 2011 was 1,453 people. By 2016 the population was 1,680 showing a population growth of 15.6% in the area during that time. The predominant age group in Corindi Beach is 0-9 years. Households in Corindi Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corindi Beach work in a trades occupation. In 2011, 68.1% of the homes in Corindi Beach were owner-occupied compared with 69.3% in 2016.

Corindi Beach has 887 properties. Over the last 5 years, Houses in Corindi Beach have seen a 69.53% increase in median value, while Units have seen a -23.77% decrease. As at 30 November 2024:

  • The median value for Houses in Corindi Beach is $922,214 while the median value for Units is $358,292.
  • Houses have a median rent of $675.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Corindi beach on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Corindi beach.

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Brad Vines
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Maddy Weiss
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Vision Property Sales
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