OFF MARKET

11/274 Harbour Drive
Coffs Harbour NSW 2450

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1055m2
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Property Details for 11/274 Harbour Dr, Coffs Harbour

11/274 Harbour Dr, Coffs Harbour is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1055m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1975
Floor Size
64m2
Land Size
1055m2
Local Government
Coffs Harbour
Lot/Plan
11/SP9489

Last Listing description (September 2023)

* Incomparable Hinterland Views
* Gorgeous Jetty location
* Positioned for privacy

* Less traffic noise than comparable offerings

This well positioned investment opportunity offers first and foremost, fantastic positioning being close to the Coffs Harbour CBD, the Jetty, caf strips, beaches, entertainment, and shopping.

Apartment living is for those that don't want to be tied to maintenance and cleaning. This easy to care for home offers a clean and simple 2-bedroom, 1-bathroom floorplan with a tuck away laundry and galley style kitchen. The bedrooms are generous, the bathroom fully equipped, and the hinterland views are a gift, each day.

The benefits of buying into a complex are plentiful. Yes, you omit the external upkeep, yes you have added security as you always have neighbours nearby and yes, its an easy home to lease out should you be wanting to travel or relocate for a while. In fact, we have a historic rental return of $490pw and suggest $475pw would be more achievable in the current rental market.

There is a carpark attached to this apartment, however given the position you could trade the car in for a holiday!

Our seller has made a commitment to sell and is offering the property vacant should an owner occupier choose to purchase. If you are an investor, we could work towards having a tenant in place prior to settlement.
Strata fees: $3,264pa (approx.) - Rates: $2,426pa (approx.)

Contact Kylie Swift of Virtue Property Grafton on 0488 161 621 to inspect!

DISCLAIMER:
Whilst a high duty of care has been exercised in sourcing all marketing content, we cannot always guarantee its accuracy. We ask that prospective purchasers carry out their own searches and investigations on matters of personal or professional interest.

Property History for 11/274 Harbour Dr, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$443,000
18 Aug 2023
Listed for Rent
$300/w
05 Oct 2016
  • 15 Sep 2023
    Listed for Sale SOLD - $443,000
  • 18 Aug 2023
    Sold for $443,000
  • 18 Jun 2023
    Listed for Sale SOLD - $443,000
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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. It has 52 parks covering nearly 16.3% of total area. The population of Coffs Harbour in 2011 was 24,581 people. By 2016 the population was 25,746 showing a population growth of 4.7% in the area during that time. The predominant age group in Coffs Harbour is 50-59 years. Households in Coffs Harbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coffs Harbour work in a professional occupation. In 2011, 55.7% of the homes in Coffs Harbour were owner-occupied compared with 56% in 2016.

Coffs Harbour has 16,697 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.13% increase in median value, while Units have seen a 41.04% increase. As at 31 July 2024:

  • The median value for Houses in Coffs Harbour is $740,597 while the median value for Units is $499,379.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 229 properties listed for sale, and 153 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 613 properties were sold in the past 12 months in Coffs harbour.

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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.