OFF MARKET

602 Martindale Street
Coffin Bay SA 5607

Bedrooms: -
Bathrooms: -
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Land area: 113000m2
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Property Details for Lot 601/602 Martindale St, Coffin Bay

Building Type
Land
Land Size
113000m2
Local Government
Lower Eyre Peninsula

Last Listing description (June 2021)

To enquire, please email or call 1300 815 051 and enter code 1119

There are not too many opportunities left around Australia, where there is untouched coastal land for sale, with native vegetation that offers 360 degrees of ocean and national park views - while being perfectly positioned in a seaside town that is emerging as one of the best and safest locations in Australia to live. Coffin Bay is regarded as the 'Jewel' of South Australia and was rated the 10th best place to live and visit in Australia last year.

In the popular and picturesque township of Coffin Bay, is a rare opportunity packed with potential along with natural beauty, where two allotments are for sale. The natural bushland of Lots 601 and 602 borders urban Coffin Bay. They are the last parcels of large coastal land of its kind. Here you are connected to all that matters. Live amongst the splendour of the Coffin Bay coast line, where biodiversity, beaches and water recreation are plentiful.

The allotments are located only 2 minutes from the township of Coffin Bay and 2 minutes from the entrance to the Coffin Bay National Park. Getting to Coffin Bay is a half days travel from anywhere in Australia and a comfortable 40 minutes drive from the Port Lincoln airport (45 minutes flight from Adelaide) - from here you then have access to some of the greatest surf beaches and coastline South Australia has to offer.

Lot 601 (5.353ha) and Lot 602 (5.958ha) have a natural steady incline from west to east rising to approximately 17m AHD presenting attractive views over the ocean, long beach and national park. This enables multiple uninterrupted views due to the low lying and undevelopable land to the west/south west.

This is a unique and 'potential filled' parcel of land, offering 11.31 hectares over two titles. The allotments also create opportunities for development, due to the available area that Lot 601 and Lot 602 has to offer. With Coffin Bays geographical characteristics being landlocked by national parks and surrounded by water, expansion of the town is ultimately restricted into the future at some point. However, the only available broad-acre land remaining for expansion of the town, are Lots 601 and Lot 602 as all services abut the land allowing for easy connection.

Opportunities are many with this land, why not build your dream home (or 'Home Away from Home') and create a private sanctuary on this beautiful, biodiverse site. Or, escape the metro lifestyle and create a self sustainable eco haven for you and your family to thrive in. Internet connection is reliable, allowing business people to work remotely. There are great primary, secondary and private schools, that can be accessed easily, with direct services from Coffin Bay to your chosen school each day. Retiree's will never get bored, with plenty to create and do on your own private land, all within the popular and strongly emerging Coffin Bay community.

Coffin Bay township is famous for its Oyster Industry. Coffin Bay Oysters are marketed and supplied to some of the best restaurants the world has to offer. The surrounding pristine waters also upkeep numerous commercial fishing activities. Fishing charter vessels, oyster and national park tours support an expanding tourism industry.

Town facilities include general stores, post office, hotel/motel, ambulance station, medical center, caravan park, community sports club, local yacht club, Local Hotel, restaurants 1802 and Oysters HQ and other tourist attractions.

If you would like further information please do not hesitate to contact Kane.

To enquire, please email or call 1300 815 051 and enter code 1119

Property History for Lot 601/602 Martindale St, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
  • 16 Oct 2020
    Listed for Sale $680,000
  • 10 Mar 2017
    Listed for Sale Lot 602 $490,000-$510,000
  • 22 Aug 2016
    Listed for Sale $825,000

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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 1,032 properties. Over the last 5 years, Houses in Coffin Bay have seen a 140.71% increase in median value, while Units have seen a 9.16% increase. As at 31 August 2024:

  • The median value for Houses in Coffin Bay is $584,010 while the median value for Units is $352,465.
  • Houses have a median rent of $440.
There are currently 10 properties listed for sale, and 1 property listed for rent in Coffin bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Coffin bay.

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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.