2 Peterson RoadCoffs Harbour NSW 2450
Property Details for 2 Peterson Rd, Coffs Harbour
Last Listing description (November 2024)
This unique holding on the fringe of Coffs Harbour's CBD represents an opportunity not seen for over 50 years. No. 2 Peterson Road, the first TV Studios in Coffs Harbour and home to the original NRTV is now offered for genuine sale. Under continued occupation by the now SCA Media Group the time has come for them to establish a new home in Coffs Harbour reflective of the current times and market. The site is a large 11,625sqm (almost 3 acres) of prime low density housing land zoned R2. The existing Commercial Office and Studio comprises approx. 2500sqm plus external secured hard stand storage and shedding. An additional 210.m2 office building is separate to the main building. Substantial on-site parking is provided. with quality gardens and surrounds. The property is offered with a two (2) year lease with option of one (1) year from SCA with a proposed holding income of $124,000 per annum Nett + GST (if applicable).
This site offers a rare and once in a generation offering.
# 2 Peterson Road represents a large parcel of land with existing established infrastructure accompanied by a substantial holding income. This allows a purchaser /developer time to plan either re-development, modification or a blank canvas for a new concept. This wonderful site offers a plethora of possibilities ranging from medical/care/education/training, religious applications, residential subdivision and senior housing to name a few (subject to council approval).
Coffs Harbour has been highlighted as a major growth hub for northern NSW and this property fits perfectly into this mix.
Key Features:
- Unique Property Holding comprising over 2700sqm (approx.) of buildings, large parking provision and 11,625sqm of land, zoned R2.
- Continually occupied as media/production centre for over 50 years.
- Offered with a two (2) year + one (1) year lease back at $124,000pa nett + GST (if applicable)
- A versatile property with a multitude of uses including future occupation, re-development, modification or a blank canvas for a new concept (subject to council approval).
- Located on the fringe of the Coffs Harbour CBD.
Offered for sale by Expressions of Interest Closing 12 Noon Wednesday 13th September 2023.
For Executive Summary and Inspections please contact Exclusive Marketing Agent The Edge Coffs Harbour 02 6652 9888
Property History for 2 Peterson Rd, Coffs Harbour, NSW 2450
- 18 Nov 2024Sold
- 20 Aug 2024Listed for Sale Expressions of Interest
- 27 Aug 2020Listed for Rent $32,300 / year
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0About 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 16,681 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.
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