OFF MARKET

2/3-7 Columbus Circuit
Coffs Harbour NSW 2450

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 35m2
Land area: 2087m2
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Property Details for 2/3-7 Columbus Cct, Coffs Harbour

2/3-7 Columbus Cct, Coffs Harbour is a 1 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 2087m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1985
Floor Size
35m2
Land Size
2087m2
Local Government
Coffs Harbour
Lot/Plan
2/SP52465

Last Listing description (June 2021)

Phone Enquiry ID: 72743

This 1 bedroom apartment is a buyer's GOLDEN opportunity.
The unit is a ground floor unit that is a part of a brick complex located a few streets from the beach in Coffs Harbour and has its own inground pool (complex maintained) and poolside relaxation area.

There are built-ins in the bedroom - and a bathroom is located (off the bedroom), which consist of Shower, toilet Vanity. Open plan living, kitchen & dining.
Own your OWN piece of beach location real estate. % mins walk to Park Beach Plaza Shopping Centre and the North Side Shopping Centre. Close to buses and schools.
Rental income is currently $270 p/week and the new tenant has a 6 months lease.
Buy at $199,000 with a lease guaranteed income at $270 p/week. This IS an investors DREAM ..!
* Owners are not really wanting to sell but have no choice, as they need their money for another urgent project.
* This property is priced to MOVE FAST!
So don't dwell act, Call now, to find out more!!

Lot2 Plan SP 52465.
lot DP: 1085572
35sqmtr living+5 Outdoor+ Carspace
Complex: Zoned R3 Medium Density.
SMS Strata Management

$825.50 strata fee per 1/4 = $3,302.00 yr (inc Water)
$500.00 Council Rates 1/4 = $2,000.00 yr

Rental Income: $14,040.00 (52x$270-p/wk) (Elect tenant pays). (The unit has been rented for $280 p/week prior)

Yearly Rental Income: $14,040.00 - minus Costs: $5,302.00
= $8,738.00 Clear Income p/year. (based on CURRENT $270 p/week).

Yearly Rental Income: $14,560.00 - minus Costs: $5,302.00
= $9,258.00 Clear Income p/year. (based on PRIOR rent of $280 p/week).

Property History for 2/3-7 Columbus Cct, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$200,000
03 Feb 2021
Listed for Rent
$280/w
03 Mar 2018
  • 03 Feb 2021
    Sold for $200,000
  • 08 Mar 2019
    Listed for Sale $199,000
  • 15 Feb 2018
    Sold
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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 16,678 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.09% increase in median value, while Units have seen a 45.01% increase. As at 31 October 2024:

  • The median value for Houses in Coffs Harbour is $775,432 while the median value for Units is $507,938.
  • Houses have a median rent of $640 while Units have a median rent of $500.
There are currently 255 properties listed for sale, and 149 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 587 properties were sold in the past 12 months in Coffs harbour.

Suburb Insights for Coffs Harbour 2450

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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.