OFF MARKET

4/118-120 First Avenue
Sawtell NSW 2452

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1448m2
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Property Details for 4/118-120 First Ave, Sawtell

4/118-120 First Ave, Sawtell is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1448m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1979
Floor Size
80m2
Land Size
1448m2
Local Government
Coffs Harbour
Lot/Plan
4/SP16886

Last Listing description (March 2023)

Positioned on the beach side of First Avenue, close to Murray's beach and a short stroll to Sawtell Village, this unique, three-bedroom Townhouse offers a truly special lifestyle option and a chance to secure your very own slice of Sawtell.

Offering direct internal access from the garage, you enter the home into an inviting combined living/dining space with great connection between the outdoor courtyard and kitchen.

The modernised Kitchen is spacious in comparison to many townhouses of this era, with plenty of bench space for meal preparation, ample storage cupboards, tile splashbacks and updated quality appliances.

The bedrooms are located on the second level, along with the main bathroom. The Eastern bedroom offers rare views across to the ocean and South Coff Island with the two remaining bedrooms featuring ceiling fans, built-in wardrobes, and mountain views. All rooms capture the cooling breeze which allows for great cross flow ventilation.

The low-maintenance courtyard offers a great space to enjoy with friends and family, with views to the mountains and convenient gate access from the front of the property.

The main bathroom has been previously modernised with updated tiling, fixtures, vanity, bathtub/shower, and the separate toilet is located off the hallway.

With the popular Hilltop Store Caf only 100m from your doorstep and easy walking access to the beach and village, this tidy Townhouse represents a fantastic opportunity to suit empty nesters, first home buyers and savvy investors.

Property Features:
- Close walking distance to Sawtell Village, Beaches, and The Hilltop Store Caf.
- Rare, three-bedroom townhouse.
- Solar Power System (approx. 2.4kw)
- Ocean/island views from the Eastern/Master bedroom.
- Low-maintenance home, with tiling throughout living/kitchen area and carpeted bedrooms.
- Great size kitchen with updated appliances and plenty of bench/storage space.
- Garage features internal access and a dedicated laundry space.
- Inviting courtyard with mountain views.
- Prime Holiday let or rental investment opportunity.

For buyers considering this for permanent leasing, the longstanding tenant has been wonderful, and she welcomes the opportunity to continue as a tenant if available.

Strata Rates: $695 per quarter.
Council Rates: $2,905 per annum.
Estimated Weekly Rental Return: $580 - $600 per week.

Distance to Murrays Beach - 180m / easy 2-minute walk.
Distance to Sawtell Village - 600m / short 7-minute walk.
Under 10-minutes' drive to Coffs Harbour Airport, CBD and Hospital.

Property History for 4/118-120 First Ave, Sawtell, NSW 2452

A timeline of how this property has performed in the market
Last Sold
$710,000
09 Feb 2023
Listed for Rent
$350/w
18 Dec 2019
  • 09 Feb 2023
    Sold for $710,000
  • 06 Dec 2022
    Listed for Sale $710,000
  • 10 Dec 2019
    Listed for Rent $350 / week
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About Sawtell 2452

The size of Sawtell is approximately 3.7 square kilometres. It has 12 parks covering nearly 49.6% of total area. The population of Sawtell in 2011 was 3,490 people. By 2016 the population was 3,694 showing a population growth of 5.8% in the area during that time. The predominant age group in Sawtell is 60-69 years. Households in Sawtell are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sawtell work in a professional occupation. In 2011, 60.3% of the homes in Sawtell were owner-occupied compared with 63.7% in 2016.

Sawtell has 2,289 properties. Over the last 5 years, Houses in Sawtell have seen a 58.15% increase in median value, while Units have seen a 35.07% increase. As at 30 September 2024:

  • The median value for Houses in Sawtell is $836,604 while the median value for Units is $628,265.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 31 properties listed for sale, and 4 properties listed for rent in Sawtell on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Sawtell.

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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.