OFF MARKET

83 Greenly Avenue
Coffin Bay SA 5607

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 55m2
Land area: 1775m2
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Property Details for 83 Greenly Ave, Coffin Bay

83 Greenly Ave, Coffin Bay is a 0 bedroom, 0 bathroom Townhouse and was built in 1976. The property has a land size of 1775m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Townhouse
Year Built
1976
Floor Size
55m2
Land Size
1775m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A200/F44186

Last Listing description (September 2021)

If you are looking for a Sea Change with an income and lifestyle, look no further than the Long Beach Apartments in Coffin Bay.
On approximately 1,775m2 of residential land only metres from the Esplanade the Long Beach Apartments offer five fully self contained units complimented by a very comfortable main residence that features spectacular ocean views.
The Long Beach Apartments provide a unique opportunity for an assertive buyer to enjoy an amazing lifestyle on the coast whilst generating a strong income (figures available on request). In fact the short term holiday rental market in Coffin Bay has been booming since Covid 19 has restricted overseas travel.

The units are fully self-contained, suitable to sleep 4 or 5, have reverse cycle air conditioning and modern bright bathrooms and practical kitchenettes. Excellent parking provides guests with ample space for boats and cars.

The fully renovated residence is a spacious, private, well-appointed home. There are three bedrooms, two bathrooms, multiple living areas and an open plan kitchen and dining. The large covered outdoor deck enjoys expansive water views and the perfect place to keep an eye on the coming and goings of the fishing boats.

The outdoor spaces are a plenty with a large lawned area, barbecue and entertaining space, a fish cleaning station and a great games room. And there is a large 6m x 6m shed and a spacious lean too for a caravan and boat.

Since purchasing the property in 2009 the owners have completed extensive renovations and upgrades to the business to ensure an exceptional standard for holiday living.

Featured on all major booking platforms, a brand new website and fantastic reviews, the Long Beach Apartments have built a regular clientele base and solid forward bookings so that future income is guaranteed.

The owners have ensured that the business is a well-managed tidy operation that can be easily operated by one person and controlling occupancy to provide leisure time is as simple as booking out the apartments for personal use.

Coffin Bay is a magnificent seaside rural community well known for fishing, famous Coffin Bay oysters and is a popular holiday destination.

For further information or to make a time to inspect please contact Georgie Kemp

Property History for 83 Greenly Ave, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$925,500
30 Sep 2021
  • 30 Sep 2021
    Sold for $925,500
  • 07 Dec 2020
    Listed for Sale $940,000 - $960,000
  • 04 Mar 2016
    Listed for Sale $950,000
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About Coffin Bay 5607

The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2011 was 613 people. By 2016 the population was 613 showing a stable population in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation. In 2011, 77.4% of the homes in Coffin Bay were owner-occupied compared with 79.5% in 2016.

Coffin Bay has 1,039 properties. Over the last 5 years, Houses in Coffin Bay have seen a 102.98% increase in median value, while Units have seen a 9.46% increase. As at 31 October 2024:

  • The median value for Houses in Coffin Bay is $495,810 while the median value for Units is $341,160.
  • Houses have a median rent of $440.
There are currently 19 properties listed for sale, and no properties listed for rent in Coffin bay on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Coffin bay.

Suburb Insights for Coffin Bay 5607

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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.