Rarely does such a high-profile Pacific Highway corner redevelopment site become available in Coffs Harbour, especially one so close to both the CBD of Coffs Harbour and Park Beach Plaza and the Homebase retail precinct. A Coles service station with a commercial office building and an 83 room 3 storey hotel have recently been approved for construction adjacent to this site making this an ideal opportunity for owner occupiers, developers and land-bankers to capitalise on these developments. This is one of the last remaining large sites with excellent access from both the Pacific Highway and Argyll Street and Argyll Place and generates a healthy holding income.

The existing three Medical Centre Improvements totalling 662m2, two of which are leased to medical practitioners, generate an attractive source of income. The third building is available for lease. The site is 7365m2 made up of 4022m2 zoned B6 Enterprise Corridor (one title) and 3342m2 of R2 Low Density Residential land (4 titles).

The property’s highest and best use appears to be a use that is compatible with the residential component, such as a mixed use including Senior’s Housing, a Medical Centre, a Child Care Centre and Neighbourhood Shops.

The subject property’s history of commercial approvals may assist a prospective purchaser in their dealings with Coffs Harbour City Council (CHCC). www.chcc.nsw.gov.au

Features of this outstanding opportunity include:
- Landmark easy access generally level site
- Huge highway exposure
- Pacific Highway frontage of 82 metres supplemented by approximately 51 metres to Argyll Street
- Flexible redevelopment options
- Existing building area, 662m2 – three buildings
- Gross average rental – $123,350. excl. GST including potential rent on vacancy available
- Approximately 50,000 vehicles pass the site each day
- Expressions of Interest are invited from parties interested in purchasing all or part of the property.

If your company or employer has been searching for a site with such advantageous op