Current rental return of $30,576 per annum and sitting on the edge of town within the direct line of the current growth corridor for residential development in Coffs Harbour. The majority of the land is relatively flat and ideal for conventional concrete slab construction with the remainder being an elevated knoll and slopes to the northern and western boundaries. There are currently two dwellings on the property, a four bedroom home positioned on the knoll catching the ocean breeze and a two bedroom home down on the flat. This arrangement would be ideal for the extended family or left to provide an income until the ability to sub-divide the land eventuates. Good level land to develop in Coffs Harbour is fast running so there is only one way to grow and this land stands to benefit most.
Fantastic rental return of $30,576 P/A
Smack bang in the line of fire for future expansion
Near level land for the majority
Two homes 4 bedroom and two bedroom
4.123 Ha or 10 Acres
This information has been obtained from a third party/vendor. We make no representations to its accuracy. Computer images, photographs and maps are indicative only, we are merely passing on the information. Interested parties should make their own enquiries.