31 Nariah Cres, Toormina is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1104m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Toormina in the last 12 months.
Positioned on a large elevated 1,104 m2 allotment, this wonderful home is perfect for families and investors alike, with plenty of yard space and room to breathe, as well as having huge potential to add value to the property by actioning the current, approved DA for a 2 lot subdivision.
Internally, the home is quite low maintenance, boasting attractive cypress pine timber floors throughout and an updated kitchen and laundry. The timber floors and updates give the home great character, while leaving plenty of scope for further renovations to add your own taste and flare in the future.
The living room receives Northern sun throughout the day and is serviced by a split system air conditioner. The living connects perfectly to the dining area and kitchen for convenience. The updated kitchen offers stone benchtops and ample storage space, featuring a dishwasher and modern electric oven and cooktop.
An updated laundry rests just off the kitchen and continues the same theme of the kitchen, offering additional storage space and connection to the rear yard. The bathroom offers both a bath and shower with a separate toilet located just off the hallway. There are three great sized bedrooms, all with built in wardrobes and the Larger Master bedroom features a ceiling fan.
The large single car garage sits under the home and offers space for additional storage shelves and a workbench. This space could be further built out to create more storage if needed!
The rear yard is simply massive and offers the perfect space for families wanting room for young kids. The yard has endless potential for extensive landscaping, addition of a pool or more shedding in addition to the two existing garden sheds.
This friendly pocket of Toormina benefits from being within close walking distance to numerous local schools and a short drive to Toormina Shopping Centre, while also being within short driving distance of Sawtell Village and the beach.
Whether you simply want an inviting family home or hope to utilise the extra space for an additional building / investment in the future, this property provides you a world of options.
Details of Approved Council DA for Subdivision:
The property also holds a current Development Approval for subdivision of the property into two separate Torrens titled lots. This DA has approximately 2 years left on the approval in which to substantially commence work regarding the subdivision.
This rear lot created could accommodate a family sized house and offers fantastic potential for creating multiple incomes streams or a great opportunity for multiple family members looking to consolidate.
Please contact the agent for further information regarding the Development Approval.
Current Council Rates: $3,249 per annum
Land Size: 1,104 m 2
Zoning: R2 - Low-density Residential
Estimated Rental Return: $620 per week.
The property features a Solar Power System.
Coffs Harbour CBD - 10 minutes' drive.
Coffs Harbour Airport - 8 Minutes' Drive.
Sawtell Village & Beach - 6 Minutes' Drive.
The size of Toormina is approximately 5.4 square kilometres. It has 11 parks covering nearly 16.1% of total area. The population of Toormina in 2011 was 6,075 people. By 2016 the population was 6,208 showing a population growth of 2.2% in the area during that time. The predominant age group in Toormina is 50-59 years. Households in Toormina are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toormina work in a community and personal service occupation. In 2011, 54.6% of the homes in Toormina were owner-occupied compared with 55.1% in 2016.
Toormina has 3,337 properties. Over the last 5 years, Houses in Toormina have seen a 59.35% increase in median value, while Units have seen a 42.69% increase. As at 31 July 2024:
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