This unique property features two homes on a spacious 1126m² block, offering an exceptional opportunity for investors, developers, or families needing dual living. With R3 zoning, the property provides medium-density residential potential (STCA) while generating a strong rental return. Main Home Features: *4 Bedrooms - Plenty of space for family living *Multiple Living Areas - Formal lounge, separate dining, and a family room *Timber Deck with Views - Overlooks the racecourse with ocean glimpses *Main Bathroom + Additional Amenities - Second shower & WC in the laundry for convenience *Under-House Storage & Workshop - Generous space for tools, hobbies, or extra storage *Rental Income: $695 per week - A solid return for investors Studio Home Features: *2 Bedrooms - Ideal for extended family, guests, or rental income *Modern Kitchen - Under bench oven and gas cooktop *Open-Plan Living & Dining - Light-filled and spacious *Timber Deck with Views - Enjoy the outlook to the racecourse *Potential Rental: $520 per week - Additional income potential Investment & Development Potential: *Total Rental Return of $1,215 per week - Strong income stream *R3 Zoning - Medium-density residential zoning for future development (STCA) *Prime Location - Handy to shops, schools, transport, beaches and local amenities This is a fantastic opportunity to secure a high-yield investment with future growth potential. Whether you're looking to rent, redevelop, or move in, this property delivers on all fronts. Don't miss out-contact us today to arrange an inspection! Auction on site Saturday 29th March 2025 at 11:30am Land size: 1,126m² (approx.) - Rates: $6,571pa (approx.)
E-Mail-Anfrage an The Edge - Coffs Harbour
Immobilie ID: 147358180