SOLD
Sold on 21 Feb 2024 for $705,000

185 Rose Avenue
Coffs Harbour NSW 2450

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 2m2
Land area: 765m2
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Property Details for 185 Rose Ave, Coffs Harbour

Building Type
Land
Floor Size
2m2
Land Size
765m2
Local Government
Coffs Harbour
Lot/Plan
7/DP25011

Last Listing description (August 2017)

A great opportunity presents itself with this Pacific Highway exposure older style home with a large shed - the former home of a long term motor mower repair business is now available for purchase with Vacant possession. Ideal for redevelopment for medical or offices or to renovate and convert the existing structure into a commercial building. This is a growth strip of the Pacific Highway - formerly a residential area. It has a number of adjacent business including an Orthopaedic Centre with Caf ; a Ophthalmologist's consulting rooms; new home sales; Vet surgery etc. The other side of the road being the Pacific Highway has numerous long term businesses. This site is 765.1m2 approx and has the commercial zoning of B6 Enterprise Corridor which allows for a multiple of uses.
This site has excellent exposure to the parallel Pacific Highway North, between Coffs Harbour's CBD and the region's largest shopping centre, Park Beach Plaza.
The 2 bedroom house is currently used residentially rented at $280.00 per week.

The adjacent property at 187 Rose Avenue is also available, also 765.1m2 approx. with the same B6 zoning which would give you a 1530.2m2 redevelopment site. The building at 187 Rose Ave is partially demolished ready for redevelopment. There are plans available with a DA approval for a two storey 11 strata title commercial office building for this combined site. All offers will be considered for the combined site.
We recommend you view this opportunity. 185 Rose Avenue priced at $550,000 with all buying propositions considered.
Call Steve Little on 0408 512 529 or email steve@stevelittle.com.au

Property History for 185 Rose Ave, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$705,000
21 Feb 2024
Listed for Rent
$265/w
10 Sep 2013
  • 21 Feb 2024
    Sold for $705,000
  • 15 Apr 2021
    Sold for $748,000
  • 15 Sep 2017
    Sold for $545,000
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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.