Located in one of the best streets in Coffs Harbour, this attractive home has all your needs catered for and only a few minutes drive to the beautiful beaches of Coffs Harbour. This impressive 4 bedroom home is flooded with natural light and features a conveniently located kitchen equipped with quality appliances. The open plan living/dining area is spacious and has beautiful timber flooring throughout which adds ambience and warmth.
Entertaining continues to unveil seamlessly through sliding glass doors to dissolve the boundaries of indoor outdoor living out onto the timber deck. Downstairs there is a huge open plan area including a separate room and a bathroom opening out on to back deck and carport. This is a great space for a large family, whether you are looking for a home that can provide an income with opportunity for great rental returns or looking for a solid investment - this property is an absolute must to inspect. The rental return on this property has been approximately $60,000 per annum over the last 3 years, with a mixture of holiday letting and contract workers, always being rented fully furnished which brings in a higher return.
With the roadwork about to start on the new bypass this makes a very good investment where you could let the house to a company for 3 to 5 years all whilst putting in another building to bring you in more revenue. The owner has mentioned they will throw in the furniture so it is up and running ready to bring you in a return straight away. It is fully furnished right down to the cutlery.
The rear yard has a drive-through access for the boat, trailer or another building. With this land size there are many possibilities and STCA you can put in a granny flat or build another 4 bedroom house at the back of this property. This is a large yard as the house is situated close to the front of the property. There is still room for 2 car parking where the front courtyard is.
The owners have talked to a town planner and there is sufficient access down the side of the house for a widened driveway to the future property. You may need to move the sewerage line to build a 4 brm house (but not a granny flat) but all this is possible and the outcome is you will have another block of land to build on. There are many possibilities like strata, dual occupancy or maybe even Torrens Title. Do your own research. All of this so close to town.
Call Cheryl today for your private inspection 0412 675 240.
Council Rates: $2,968.00 per annum
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