SOLD
Sold on 21 Sep 2023 for $740,000

11/1 Gannet Place
Korora NSW 2450

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 70m2
Land area: 13300m2
Sold By
Caroline Campbell
FIRST NATIONAL REAL ESTATE COFFS COAST
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Property Details for 11/1 Gannet Pl, Korora

11/1 Gannet Pl, Korora is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 13300m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom Unit sold in Korora in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
70m2
Land Size
13300m2
Local Government
Coffs Harbour
Lot/Plan
11/SP36059

Last Listing description (August 2024)

Single level apartment within short stroll of beach!

Downsizers, investors, first home buyers, families ? take note! This low maintenance, ground floor, single level apartment on the fringe of Opal Cove Resort will appeal to a wide range of buyers, and particularly those who don't want the bother of any stairs. With the ideal inclusion of a single garage with mezzanine (valuable extra vehicle, tool, surfboard and wine cellar storage) as well as a second car space on title, there is more room than usual when it comes to this apartment lifestyle.

The new kitchen will grab the attention of budding chefs with its two pantries, 23 soft close drawers, and Asko appliances. The private fully fenced backyard (on title) also provides excellent outdoor space for children, gardeners and a small dog. With an undercover alfresco terrace as well as garden, this again is more than you would normally expect when considering an apartment.

The living/dining area is spacious and serviced by a new air conditioning unit, as well as brightened by sun both in the morning and the afternoon. The customised office space at the end of the kitchen will suit those working from home, or children and their homework.

The three bedrooms include the main retreat which is privately positioned at the rear of the apartment and enjoys access out to the backyard, as well as its own partly renovated ensuite (with bath) and air conditioning. The two other bedrooms are generous with built-in robes, ceiling fans and aircon. The main bathroom has been fully renovated.

More good news with the property is that this residential complex is pet-friendly and there are plenty of great walking tracks straight from the front door.

Other features with the property itself include a bore water tap in the backyard, nearly-new hot water system in the internal laundry, private clothes line, security screens and locks, NBN to building, Foxtel to lounge room and main bedroom, and four air conditioning units.

Lifestyle features include the close proximity to Opal Cove Resort and beaches, use of the resort's pool, tennis court and gym etc for a small annual fee, the convenience of dining options at the resort restaurant, great location in the popular Kororo Public School catchment, and headland & beach walks on the doorstep.

Strata fees $3392 pa
Council rates $2494 pa

Disclaimer: Agent does not guarantee accuracy of the information. Purchasers need to make their own independent enquiries.

Property History for 11/1 Gannet Pl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$740,000
21 Sep 2023
  • 21 Sep 2023
    Sold for $740,000
  • 18 Jul 2023
    Listed for Sale $719,000-$749,000
  • 20 Aug 2008
    Sold for $277,500
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About Korora 2450

The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41% of total area. The population of Korora in 2011 was 2,224 people. By 2016 the population was 2,494 showing a population growth of 12.1% in the area during that time. The predominant age group in Korora is 50-59 years. Households in Korora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Korora work in a professional occupation. In 2011, 69.8% of the homes in Korora were owner-occupied compared with 71.7% in 2016.

Korora has 1,518 properties. Over the last 5 years, Houses in Korora have seen a 62.13% increase in median value, while Units have seen a 44.21% increase. As at 31 July 2024:

  • The median value for Houses in Korora is $1,048,976 while the median value for Units is $626,942.
  • Houses have a median rent of $720 while Units have a median rent of $540.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Korora.

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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.