OFF MARKET

3/121 Richmond Terrace
Coraki NSW 2471

Bedrooms: -
Bathrooms: 1
Car spaces: -
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Property Details for 3/121 Richmond Tce, Coraki

Building Type
Commercial
Local Government
Richmond Valley

Last Listing description (March 2019)

It has been a hard decision to make but it is now done. Two Rivers Cafe, Coraki is regrettably offered for sale due to health reasons. This very popular cafe & pizzeria is set opposite a family park on the banks of the river. One of Coraki's favourite eating destinations, with not only the local community but foodies from many of our North Coast townships coming in to enjoy the many delicious meals prepared in the kitchen by the owners. The cafe is open 5 days per week 9am - 3pm with extra benefit of opening Friday - Sunday Evenings for Lisa's famous home style pizzas and other taste sensations. Two Rivers Cafe, has a relaxed and inviting style with the use of timber dining settings and earthy vibrant decor. There is plenty of seating room inside the air conditioned cafe or outside under the covered alfresco area with the view the river and natures very own air conditioner.
Fresh herbs and veggies are grown on site in the gardens at the rear of the shop. There is also plenty of staff parking at the rear and the bonus shared shed storage. All appliances have been regularly serviced & will be included in the sale as a WIWO purchase plus stock. This is a great opportunity for the home Kitchen Master Chef who loves to cook and would like to make an income from what they love doing and at the same time, enjoy the social interaction that comes with owning this great cafe.
Call Jo Slade on 0447 826003 to inspect figures and to arrange an inspection of the premises.

Property History for 3/121 Richmond Tce, Coraki, NSW 2471

A timeline of how this property has performed in the market
  • 18 Dec 2017
    Listed for Sale Not Disclosed

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About Coraki 2471

The size of Coraki is approximately 28.1 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Coraki in 2011 was 1,477 people. By 2016 the population was 1,286 showing a population decline of 12.9% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation. In 2011, 71.8% of the homes in Coraki were owner-occupied compared with 71.3% in 2016.

Coraki has 707 properties. Over the last 5 years, Houses in Coraki have seen a 56.55% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Coraki is $446,698 while the median value for Units is $374,091.
  • Houses have a median rent of $465.
There are currently 12 properties listed for sale, and no properties listed for rent in Coraki on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Coraki.

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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.