OFF MARKET

236 Pacific Highway
Coffs Harbour NSW 2450

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Floor area: 318m2
Land area: 1012m2
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Property Details for 236 Pacific Hwy, Coffs Harbour

236 Pacific Hwy, Coffs Harbour is a 6 bedroom, 4 bathroom Townhouse with 4 parking spaces and was built in 2006. The property has a land size of 1012m2 and floor size of 318m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Townhouse
Year Built
2006
Floor Size
318m2
Land Size
1012m2
Local Government
Coffs Harbour
Lot/Plan
5/DP22513

Last Listing description (December 2019)

A rare opportunity to secure two dwellings to be sold in one line. Enjoy multiple income streams, with potential to sub-divide or convert to commercial use under the B6 zoning. Both 3 bedroom homes are spacious and well appointed, boasting double lock-up garages, hardwood floors, air-conditioning and modern kitchen appliances.

* SMSF Investment Opportunity

* 2 x Freestanding Villas sold in one line.
* Each dwelling comprises 3 bed, 2 bath, DLUG.
* Fully tenanted, reliable income & proven rental history.
* Gross rental income of $40,671.43 pa.
* Zoned B6 Enterprise Corridor - allowing for conversion to business, office & retail use.
* Consent exists for 2 lot Torrens sub-division.
* Current combined rental income of 5.1% gross, per annum.
* Further potential to improve by converting to commercial tenancy or for own business premises.



Rates: $4,888.95pa
Land: 1,012m2
Rental Return: $40,671.43pa

Property History for 236 Pacific Hwy, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$777,000
11 Dec 2019
Listed for Rent
$325/w
25 May 2010
  • 11 Dec 2019
    Sold for $777,000
  • 04 Sep 2018
    Listed for Rent $385 / week
  • 23 Aug 2018
    Listed for Sale $849,000
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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 16,672 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 256 properties listed for sale, and 148 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 581 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.