FOR SALE
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15 Korora Bay Drive
Korora NSW 2450

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 165m2
Land area: 566.4m2
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"Experience ocean view living in Korora, Large family home, great rental investment or superb Air BnB opportunity!

Just a few minutes' drive or longer if you walk, to one of Coffs Harbours best beaches is this 4brm large open living home, with a spacious floor area of 165 square meters and a low maintenance land size of 566.4 square meters, this property offers the ultimate combination of comfort, space, and convenience.
PRICE GUIDE $1,000,000 TO $1,100,000 - WHAT A FANTASTIC OPPORTUNITY!
As you arrive at this magnificent property, you will be greeted by a charming façade, complete with a massive under cover entertaining area above the double-garage. This is where you are sure to spend a lot of your leisure time, relaxing and admiring the stunning ocean views. Step inside and be prepared to be wowed by the comfortable modern interior. The open plan living and dining area is bathed in natural light, creating a warm and inviting atmosphere. Imagine waking up to the sound of waves crashing and sipping your morning coffee on the expansive deck, you will want to stay there all day!
The heart of the home is the functional and well-designed modern kitchen, featuring quality appliances, ample storage space, and a breakfast bar for casual dining. This is an ideal home for entertaining and to be enjoyed.
The four bedrooms are generously sized and offer plenty of natural light and storage space. The master bedroom is a true retreat, featuring a walk-in robe and a luxurious ensuite, perfect for unwinding after a long day. The remaining three bedrooms are perfect for children, guests, or even a home office, giving you the flexibility to design your dream home to suit your lifestyle.
Located in the highly sought-after suburb of Korora, this property offers the best of both worlds – a tranquil and peaceful lifestyle, with all the conveniences of modern living and only a short drive to the jetty with a range of local cafes, restaurants, and Park Beach Plaza is just a short 6-minute drive away.
For families, this property is situated in the catchment area for the highly regarded Korora Public School, ensuring your children receive a quality education. And for convenience, the nearby Pacific Highway provides easy access to the airport and city of Coffs Harbour.
Whether you are looking for a permanent residence or a holiday home, this property has it all. And the best part – it is not tenanted, giving you the opportunity to move in and start living your dream life right away.
With a weekly rental potential of $800pw plus, this property also presents a fantastic investment opportunity for savvy buyers, but in such a great position you would have to consider Air BnB as being a very viable moneymaking option. .
There is still scope to further renovate and redecorate which will only add more value, in this area you cannot overcapitalise.
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Property Details for 15 Korora Bay Dr, Korora

15 Korora Bay Dr, Korora is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 566.4m2 and floor size of 165m2. The place is currently for sale with @realty.

Building Type
House
Floor Size
165m2
Land Size
566.4m2

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About Korora 2450

The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41% of total area. The population of Korora in 2011 was 2,224 people. By 2016 the population was 2,494 showing a population growth of 12.1% in the area during that time. The predominant age group in Korora is 50-59 years. Households in Korora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Korora work in a professional occupation. In 2011, 69.8% of the homes in Korora were owner-occupied compared with 71.7% in 2016.

Korora has 1,518 properties. Over the last 5 years, Houses in Korora have seen a 58.87% increase in median value, while Units have seen a 63.56% increase. As at 30 November 2024:

  • The median value for Houses in Korora is $1,042,890 while the median value for Units is $649,164.
  • Houses have a median rent of $695 while Units have a median rent of $545.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Korora.

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Howard Nicholson
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