SOLD
Sold on 17 May 2024 for $900,000

3/18-20 Scarba Street
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 182m2
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Property Details for 3/18-20 Scarba St, Coffs Harbour

3/18-20 Scarba St, Coffs Harbour is a bedroom, bathroom Unit. The property has a land size of 182m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other bedroom Unit sold in Coffs Harbour in the last 12 months.

Building Type
Unit
Land Size
182m2
Local Government
Coffs Harbour
Lot/Plan
3/SP99873

Last Listing description (July 2024)

This is an excellent opportunity for an investor that is rarely offered in Coffs Harbour's burgeoning CBD.

Suite 3 'The Scarba Centre' has been occupied by the same medical specialist since being purpose built circa 2008 and has just been leased to Mid North Coast Oral Surgery for 3+3+3 years from October 2023.

The annual rental is $61,400 p.a. gross plus GST.

'The Scarba Centre' is one of the CBD's most sought-after landmark buildings.

The premises' internal fit out has been maintained to a very high quality.

Occupying an area of 153.5m2 the accommodation includes generous reception and waiting room, four partitioned consultation/treatment rooms, kitchen, and amenities.

Easy walking distance to Harbour Drive's alfresco cafes and shopping facilities.

Convenient kerbside parking.

Suite 3 enjoys the following features:
Highly regarded landmark building
Prominent position
Convenient location
High quality tenant
Long term lease
Modern fit out
Two onsite car spaces
Easy walking distance to Harbour Drive
Convenient parking
Accessible price range

If you've been looking to purchase a modern professional CBD office investment then CALL NOW!!!

The asking price of $1.2mil equates to a gross return of over 5%.

For further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial:-

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 coffsharbour@ljhc.com.au

The leading specialist commercial agency servicing The Coffs Coast.

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Property History for 3/18-20 Scarba St, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$900,000
17 May 2024
Listed for Rent
$1.18k/w
19 Sep 2023
  • 17 May 2024
    Sold for $900,000
  • 14 May 2024
    Listed for Sale Sold
  • 19 Sep 2023
    Listed for Rent - Price not available
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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.

    There are currently 223 properties listed for sale, and 168 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 604 properties were sold in the past 12 months in Coffs harbour.

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