37 Victoria Street, Coffs Harbour NSW – SOLD UNDISCLOSED

Description

Sold on 20 Apr 2022 – CONTACT AGENT

https://www.mcgrath.com.au/37-victoria-street-coffs-harbour-nsw-2450-for-sale-530680

Held by current owner for 20 years this property has been a solid and well performing investment property. Located in a high profile position and central to all services it is within walking distance to Coffs Harbour town centre and the Jetty prescient, and an easy drive to Park Beach Plaza, university and to Coffs Harbour Airport.

– Current annual income of approximately $96,000
– Basic long-term accommodation in highly convenient area
– 1,012sqm parcel of land, R3 Medium high density zoning
– Rear lane access, ideal for future development
– Configuration of ten bedrooms with kitchenettes
– Three bedrooms with ensuites, two communal bathrooms
– Shared laundry facilities and limited common areas
– Premium site with obviously long term growth potential
– Medium to long term holding income or a solid passive investment
– Opportunity to renovate and increase rental income