Real Estate Australia

Block of 4 units on one title - overlooking the golf course
Expressions of Interest

Click here to see the floorplans

Opening on: Saturday 28/03 10:00 am - 10:30am

Opening on: Tuesday 31/03 1:00 pm - 1:30pm

Property Location: 81 Raleigh Street Coffs Harbour - - NSW

Listing Id: 1P8466  

Details

Bedrooms: 8    Bathrooms: 4

Description: Positioned just a short stroll from the fairways of Coffs Harbour Golf Club, this rare offering places you within easy reach of the course - perfect for those who like to keep their swing sharp and their tee times close to home. Set approx 200 metres from the 12th hole, this elevated holding enjoys a sweeping outlook across manicured greens, tranquil water hazards and rolling fairways that form a picturesque backdrop. Like a well-played round of golf, the property is all about consistency and upside. The two storey complex comprises four 2 bedroom units on the one title - two on the ground level and two above - each currently leased to long-standing, reliable tenants. Delivering steady returns today, there's clear scope to "play the long game" with cosmetic upgrades, rental adjustments or a broader repositioning strategy. All leases are on a month-to-month basis and currently sit below market value, presenting immediate opportunity to improve yield. While the existing improvements are solid and functional, the real strength lies in the landholding itself. The generous, mostly level block features a spacious rear yard, the block of units and two double carports accommodating four vehicles. With R2 zoning, there's flexibility for future development (STCA), whether you choose to renovate, rebuild or landbank for the next play. Whether you're an investor seeking reliable income, a developer eyeing future potential, or a golf enthusiast wanting to invest or live moments from the fairway, this is a rare chance to secure a premium position in a tightly held pocket. Opportunities like this don't come around often - especially ones that offer such seamless access from front door to first tee. Property Overview: • Block of 4 units on one title • 4 x 2-bedroom units • Two-storey building (circa 1970) • Elevated, mostly level 815.7m2 block • Two double carports (4 car spaces) • Electricity separately metered • Month-to-month leases • R2 zoning • Approx. 200m walk to the course (12th hole) • Council rates $10,110 pa Expressions of interest for the property to be submitted prior to 5pm on Friday 10th April. The vendor reserves the right to sell prior to the closing date. Enquire via this listing to receive an information pack and offer form. We recommend submitting offers as early as practicable to stay informed. Prospective buyers are advised to consult with their builder or planner. Disclaimer: Whilst all care has been taken to ensure accuracy of the information, no warranty can be given. Interested parties must therefore make their own independent enquiries.

Block of 4 units on one title - overlooking the golf course
Expressions of Interest

Contact First National Real Estate Coffs Coast Today!!!

Contact Caroline Campbell
Phone 0402 889 441

Property ID:1P8466