350 Harbour Drive, cnr Camperdown Street, Coffs Harbour, NSW 2450

Retail | Offices | Development/Land

For Sale $1,450,000

  • Property ID: 439201
  • Floor Area: 115m²
  • Land Area: 563m²
  • Occupancy: Tenanted
PRIME LANDMARK MIXED USE REDEVELOPMENT SITE WITH RENTAL INCOME

Built circa 1935 the Jetty Post Office is a Landmark at the gateway to the highly popular Jetty Precinct.

The Jetty Precinct is a tourism destination with numerous cafes & restaurants, and the property is an easy walking distance to the International Marina, historic jetty, the foreshores, Mutton Bird Island Nature Reserve and a choice of three beaches.

Situated on the high-profile corner of Harbour Drive and Camperdown Street, the modest building is surrounded by vacant land ripe for development.

Total site area is approximately 563m2 and is zoned Mixed Use which permits a wide range of residential, retail and commercial uses.

The building is an under-development of the land and has an area of approximately 115m2 with a site coverage of 20%.

The building is highly suitable for refurbishment into a boutique retail or office use.

Redevelopment options on the land surrounding the building include a medium rise residential apartment building for short stay tourism accommodation.

The property is leased for 5+5 years from 1/2/21 and generates an attractive holding income.

This prime redevelopment property enjoys the following features:
• Prime location
• High profile position
• Two street frontage
• Under-developed property with 20% site coverage
• Surplus land for future redevelopment
• Favourable Mixed-Use zoning
• Highly suitable for tourism accommodation
• Affordable price range
• Secure short-term lease

If you've been seeking an attractive and affordable investment with blue sky potential then CALL NOW!!!

The property is for sale with an asking price of $1.45m.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

Coffs Harbour Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8076 $479 5.94%
Industrial --- $183 ---
Offices $6977 $360 5.16%
This is the average advertised price, rent and yield for Coffs Harbour, NSW 2450*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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