SOLD
Sold on 12 Mar 2024 for $1,830,000

61 Ocean Parade
Coffs Harbour NSW 2450

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Floor area: 58m2
Land area: 1022m2
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Sold By
Shane Hessenberger
Hess Property
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Property Details for 61 Ocean Pde, Coffs Harbour

61 Ocean Pde, Coffs Harbour is a 7 bedroom, 4 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 1022m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 7 bedroom House sold in Coffs Harbour in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
58m2
Land Size
1022m2
Local Government
Coffs Harbour
Lot/Plan
6/C/DP17053

Last Listing description (April 2024)

Location plus Opportunity Beachfront Property
Prime Development Land.
.

Beachfront position 61 Ocean Parade offers a wonderful opportunity for investors to acquire a property holding which can only be considered as the location to invest.
.
61 Ocean Parade features include: R1 Zoning, Building Height Limit 22m,1018sqm level land allotment, rear lane access, approx. 15metre wide frontage, now on land is a 4-unit residential block timber 1950 style construction, units are named SEABREEZE.
.
R1 Zoning objective include tourist related developments, visitor accommodation and to provide a variety of housing types and densities. The zoning allows a myriad of uses which are not limited to but include Caravan Parks, Child Care Centres, Entertainment Facilities, Hostels, Tourist & Visitor Accommodation, Multi dwelling housing, Residential accommodation, Residential flat building, Seniors Housing, Function Centre, Places of Worship, Group Homes, Food and Drink premises, Kiosks and Registered Clubs to name some of the uses.
.
Information pack is available on the development opportunity.
Rates: $8431pa
Tenants are in place.
Beachfront walk to the beach, clubs, cafes and Hoey Moey.

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Property History for 61 Ocean Pde, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,830,000
12 Mar 2024
Listed for Rent
$200/w
16 Jul 2010
  • 12 Mar 2024
    Sold for $1,830,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 09 Apr 2020
    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 16,706 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.47% increase in median value, while Units have seen a 42.99% increase. As at 30 September 2024:

  • The median value for Houses in Coffs Harbour is $767,564 while the median value for Units is $505,119.
  • Houses have a median rent of $640 while Units have a median rent of $495.
There are currently 235 properties listed for sale, and 143 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 615 properties were sold in the past 12 months in Coffs harbour.

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