Plano ng Palapag
Located just moments from the Coffs Harbour CBD and boasting an elevated northerly aspect, this charming 3-bedroom cottage is set on a generous 1,345m?? block, offering an exceptional development opportunity.
The vendors have already done the groundwork, securing an approved Development Application to subdivide the block into two Torrens Title lots:
Lot 11: 927m??. Ideally suited to dual occupancy or a large family home.
Lot 10: 417m??. Ideally suited to a 3 bedroom home (see concept plan in images).
The existing cottage currently generates a rental income of $490 per week and features 3 bedrooms, a sunroom, lounge, kitchen, and 2 bathrooms. The property is in good condition throughout and would suit relocation at the time of subdivision.
With land becoming increasingly scarce, this property presents a fantastic opportunity to build three new dwellings and reap the financial rewards.
Don't miss out on this unique development opportunity!
Zoning R2
Rent $490pw
Lease expires 17/1/25
Land size: 1,345m2 (approx.) - Rates: $3,225pa (approx.)
Address ng Kalye | Distansya | Bilang ng Kwarto | Bilang ng Banyo | Sukat ng Gusali | Oras ng Pagkabenta | Presyo ng Pagkabenta | Pinagmulan ng Data | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 5 | 4 | -m2 | 2024 taon 11 buwan 24 araw | - | Council approved | |
 | 0.42 km | 4 | 3 | -m2 | 2024 taon 11 buwan 24 araw | $974,000 | Council approved | |
 | 0.52 km | 3 | 2 | -m2 | 2024 taon 09 buwan 25 araw | $828,000 | Council approved | |
 | 0.52 km | 4 | 2 | -m2 | 2024 taon 08 buwan 18 araw | $635,000 | Council approved | |
 | 0.39 km | 3 | 1 | 95m2 | 2024 taon 07 buwan 04 araw | $720,000 | Council approved |