SOLD
Sold on 30 Apr 2024 for $400,000

11/3-5 Engineering Drive
North Boambee Valley NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 113m2
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Property Details for 11/3-5 Engineering Dr, North Boambee Valley

Building Type
Commercial
Land Size
113m2
Local Government
Coffs Harbour
Lot/Plan
11/SP105536

Last Listing description (May 2023)

Approx. 113m2 - Unit 11 (Lot 11) presents an affordable high-clearance concrete tilt panel strata unit in Coffs Harbour's premier industrial estate...

Easy access to Pacific Highway and wide streets (B-Double Access) - the Isles Industrial Estate is well known as the premier estate on the Coffs Coast...

The complex is BRAND NEW and provides you with a modern unit with good internal facilities, including toilet, shower, kitchenette, NBN ready and capacity to connect 3-phase power to the unit.

There is a large disabled toilet in the complex - ensuring a very important compliance box is ticked.

The complex enjoys a large, shared central carpark and circular driveway (TWO ENTRY/EXIT POINTS to Engineering Drive)

The complex is mostly owner-occupied, ensuring it is well maintained at all times.

Unit 11 (Lot 11) presents a great option for many different business uses * STCA

This unit is also available to purchase - please see separate sale listing.

To inspect and secure this property - contact Exclusive Leasing Agents: Your Commercial Property Specialist

Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au

We are your commercial property people - and we look forward to securing this premises for you/your client.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information. * Areas and distances are approximates only and are not intended to be relied upon. STCA Subject to Council Approval

Property History for 11/3-5 Engineering Dr, North Boambee Valley, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$400,000
30 Apr 2024
Listed for Rent
$368/w
12 Jan 2023
  • 30 Apr 2024
    Sold for $400,000
  • 21 Feb 2023
    Sold for $435,050
  • 12 Jan 2023
    Listed for Rent $19,210 / year
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About North Boambee Valley 2450

The size of North Boambee Valley is approximately 12.4 square kilometres. It has 5 parks covering nearly 13.9% of total area. The population of North Boambee Valley in 2011 was 1,575 people. By 2016 the population was 2,002 showing a population growth of 27.1% in the area during that time. The predominant age group in North Boambee Valley is 70-79 years. Households in North Boambee Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Boambee Valley work in a professional occupation. In 2011, 76.3% of the homes in North Boambee Valley were owner-occupied compared with 76.6% in 2016.

North Boambee Valley has 1,340 properties. Over the last 5 years, Houses in North Boambee Valley have seen a 65.77% increase in median value, while Units have seen a 29.26% increase. As at 31 July 2024:

  • The median value for Houses in North Boambee Valley is $883,148 while the median value for Units is $418,609.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 19 properties listed for sale, and 9 properties listed for rent in North boambee valley on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in North boambee valley.

Suburb Insights for North Boambee Valley 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.