FOR SALE
$1,050,000 - $1,100,000

97 Pacific Street
Corindi Beach NSW 2456

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 144m2
Land area: 1969m2
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Invest in Opportunity in Corindi Beach!

An exceptional commercial building is now available for sale! This property presents a unique investment proposition, two thriving tenancies and an exciting opportunity to add a second commercial dwelling to maximise your returns.
Benefit from two current existing tenancies - a well established pharmacy and a popular cafe, ensuring steady rental income from day one. Unlock the full potential of this property by taking advantage of the opportunity to build a second dwelling on 984sqm. There is a current approval of a strata subdivision in place. This not only enhances the property's value but opens up new possibilities for additional income.
This building boasts a modern design, ensuring a hassle free ownership experience. The three shops enjoy the ease of a shared bathroom and customers will have no trouble parking with eight parking spaces including disabled spaces.
Become a part of the thriving community of Corindi Beach, this property will serve as a local hub for residents and visitors alike, providing essential services for the whole village. Located within close proximity to Reflections Caravan Park, Schools and the local pub, this truly is an exceptional investment opportunity!
Land Size: 1969sqm
Zoning: E1
Council Rates: $10,590p/a

Property Details for 97 Pacific St, Corindi Beach

Building Type
Commercial
Floor Size
144m2
Land Size
1969m2

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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.

Suburb Insights for Corindi Beach 2456

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Nathan Dobbs
Charlotte Evans
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Dobbs & Co.
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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.