SOLD
Sold on 01 May 2024 for $1,285,000

297 Sawtell Road
Boambee East NSW 2452

Bedrooms: 6
Bathrooms: 4
Car spaces: 6
Floor area: 115m2
Land area: 911m2
Sold By
Avi Aronsen
First National Real Estate Coffs Coast
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Property Details for 297 Sawtell Rd, Boambee East

297 Sawtell Rd, Boambee East is a 6 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 911m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Boambee East in the last 12 months.

Building Type
House
Floor Size
115m2
Land Size
911m2
Local Government
Coffs Harbour
Lot/Plan
2/DP239917

Last Listing description (May 2024)

Presenting as a wonderful opportunity for astute buyers is this brand new group home complex that comprises of a main residence and four separate
wheelchair friendly studios. Versatile and easy to maintain, this complex is suited for a wide range of buyers.

Located within a short walking distance to Boambee Creek, and just a few minutes to shops, cafes, restaurants and Sawtell Beach, this property also offers easy access to the Pacific Highway and less than a 10 minute drive to Coffs Harbour Health Campus, Coffs Harbour Airport and University.

This complex is certified as 'Group Home' and not suitable for Air-bnb, but could have the potential to be an excellent investment opportunity with long term rental appraisal of $104,000-$109,720 per annum. Advised to carry out own due diligence in this regard.

Main Residence:
Open plan and light-filled dining, kitchen and living area with a ceiling fan and treed outlook. Ideal for gatherings/meetings, this space also offers easy access to the outdoor entertaining area through large sliding doors.

The kitchen is modern and offers plenty of cupboard and bench space, stone benchtops, a 5-burner gas cooktop and a breakfast bar.

On the eastern side of the main residence is the lockable managers private retreat area with 1 bedroom, 1 bathroom, a living area and private balcony.

The large outdoor gathering area is sure to be one of the favourite meeting spots as it boasts a north facing, sunny aspect, central location and is easy to access for all residents.

Studios/meeting rooms:
All studios are spacious and feature private balconies, large kitchenette with ample cupboard and storage space, and large bathrooms with a toilet and shower.

Council rates: $3,221 per annum

Rental appraisal:
Main residence $520 - $550 per week incl. electricity and water
Each studio $370 - $390 per week incl. electricity and water

Features that we love:
- Wheelchair friendly throughout the complex
- Fans, LED lights and high raked ceilings throughout
- 15000L water tank and 9.9KW solar system for electricity and hot water system
- Easy to maintain, modern tones, private balcony to all studios and main residence
- Covered parking area, lockable storage area
- Walk to Boambee Creek, few minutes to amenities, Sawtell Village and beaches

Disclaimer: Agent does not guarantee accuracy of the information. Purchasers need to make their own independent enquiries. Thank you.

Property History for 297 Sawtell Rd, Boambee East, NSW 2452

A timeline of how this property has performed in the market
Last Sold
$1,285,000
01 May 2024
  • 01 May 2024
    Sold for $1,285,000
  • 12 Aug 2022
    Listed for Sale $1,500,000 - $1,600,000
  • 06 May 1999
    Sold for $95,000
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About Boambee East 2452

The size of Boambee East is approximately 3.6 square kilometres. It has 3 parks covering nearly 12.8% of total area. The population of Boambee East in 2011 was 5,446 people. By 2016 the population was 5,242 showing a population decline of 3.7% in the area during that time. The predominant age group in Boambee East is 50-59 years. Households in Boambee East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boambee East work in a professional occupation. In 2011, 71.4% of the homes in Boambee East were owner-occupied compared with 71.3% in 2016.

Boambee East has 2,326 properties. Over the last 5 years, Houses in Boambee East have seen a 60.48% increase in median value, while Units have seen a 43.07% increase. As at 31 October 2024:

  • The median value for Houses in Boambee East is $782,208 while the median value for Units is $513,137.
  • Houses have a median rent of $640 while Units have a median rent of $500.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Boambee east on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Boambee east.

Suburb Insights for Boambee East 2452

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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.