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Description: Development opportunities like this don't come along often...
3 x CBD buildings, side by side in the heart of Coffs Harbour.
Total site area approx..1,672m2 and total GLA approx.. 1,992m2
The land is level and rectangular in shape, and benefits from dual street frontage - approx.. 33 lin. metres to Harbour Drive and approx.. 33 lin. metres to Park Avenue Lane.
Coffs Harbour City Council inform us that the permitted building height for the sites is 44m with a Floor Space Ratio ranging from 2.5:1 to 3.5:1 FSR.
Harbour Drive is referred to as the 'main street' of Coffs Harbour and is home to Coffs Central Shopping Centre and the brand new 12-storey 'CODA', landmark residential development with ninety-five apartments and ground level retail and a gateway link from Harbour Drive to Vernon Street - Located directly opposite 34-46 Harbour Drive.
34-38 HARBOUR DRIVE:
A double-storey mixed retail and office building of brick construction with a steel roof. Approx. site area of 556m2 and approx. GLA of 751m2 comprising a ground floor retail area of 318m2 (7 shops) and a first floor office area of 433m2 (2 Suites). Land area is approx.. 562m2. There is a lift at this property.
40-42 HARBOUR DRIVE:
A double-storey mixed retail and office building of brick construction with a steel roof. The total gross lettable area is approx.. 836.3m2, comprising a ground floor retail area of 419.2m2 and a first floor office area of 417.1m2. Land area is approx.. 555m2. There is onsite parking at this property.
44-46 HARBOUR DRIVE:
A double-storey mixed retail and office building of brick construction with a steel roof. The total gross lettable area is approximately 405m2, comprising a ground floor retail area of 248.7m2 and a first floor office area of 156.8m2 . Land area of approx.. 555m2. There is onsite parking at this property.
The properties have been provided to the market mostly vacant possession, except for a couple of tenancies - to best suit developers. We can provide projected income forecast and building outgoings, should you chose to keep the properties, and not develop the site, as required.
Zoned E2 - Commercial Centre with many uses permitted with consent under the Coffs Harbour Local Environmental Plan including, medical centres, hotel or motel accommodation, entertainment facilities, registered clubs; centre-based child care facilities; commercial premises, entertainment facilities; function centres; places of public worship; recreation facilities (indoor and outdoor); residential flat buildings; respite day care centres; and shop top housing - just to name a few!
The City of Coffs Harbour population forecast for 2025 is 82,174, and is forecast to grow to 97,260 by 2046. - source: https://forecast.id.com.au/coffs-harbour
Coffs Harbour has a university, large public and private hospital, international sports stadium, large regional airport, three large shopping centres and multiple industrial estates.
Coffs Harbour is positioned between Brisbane (approx..384km) and Sydney (approx.. 527km) and has long been known for its low risk investment profile and strong economic growth projection.
TO REGISTER YOUR INTEREST in this property - please contact either Cherie or Ben.
We look forward to assisting you secure this rare opportunity in Coffs Harbour.
Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Ben Byford: 0414 722 935 or ben.byford@onecom.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.*STCA = Subject to Council Approval - Enquirers should refer to the uses permitted under the current zoning under the Coffs Harbour LEP. Population data sourced from https://forecast.id.com.au/coffs-harbour
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