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Shane Hessenberger Harcourts Coffs Harbour
This prime beachfront residential development land 2043m2 (approx) situated on Ocean Parade is currently home to the Ocean Park Motel and is currently sitting on a 3 star rating with star ratings Australia. The Motel has 12 rooms + Manager's Residence.
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The property enjoys a brilliant location on the Beachfront in the tourist Hot Spot Park Beach which is fast becoming Coffs Harbour's property hotspot for Developments. Added benefits nearby include the Hoey Moey Hotel, Bowling Club, Cafes & a level walk to Park Beach Plaza the biggest shopping centre between Newcastle & the Gold Coast.
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The current rental return is $78,000 approx per annum + GST with management also looking after the outgoings. This is a standout offering with the beach at your doorstep.
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With many developments in the Park Beach precinct over the past few years such as Platinum Apartments 111 Ocean Parade in 2012 + 2015 the high-rise development of Equinox 87 Ocean Parade over 9 levels with 3 shops have proven that there is a spent up demand for future developments on the Beachfront in Coffs Harbour to cater for the people wanting the lifestyle of coastal living surrounded by the beach with flat level walks to amenities and attractions.
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More recently SeaShells a high rise development over 12 levels situated at 122 Park Beach Road near Equinox was launched and has had a major uptake of off the plan sales & is currently under construction which is due for completion in 2018.
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71-73 Ocean Parade provides for R1 Zoning with a height limit of 22 metres which applies to the 2043m2 allotment. The land allotment also has a rear lane which caters for multi level high rises. The zoning allows for a myriad of uses which include but not limited to: Tourism, Residential Developments, Entertainment, Clubs, Multi Dwelling Housing to name a few of the types STCA.
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Without doubt the Ocean Parade location is a prime spot on the Coffs Coast with great upside for growth and further developments to cater for the spent up demand.
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Current Configuration of the site comprises 13 units consisting of 4 x studios, 4 x 1 beds, 3 x 2 beds, 1 x 3 bed & 1 x 4 bedroom.
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An Information pack is available on the site & zoning and development opportunity.
Property ID: #NCH2287
Office
Sold Property
This prime beachfront residential development land 2043m2 (approx) situated on Ocean Parade is currently home to the Ocean Park Motel and is currently sitting on a 3 star rating with star ratings Australia. The Motel has 12 rooms + Manager's Residence.
.
The property enjoys a brilliant location on the Beachfront in the tourist Hot Spot Park Beach which is fast becoming Coffs Harbour's property hotspot for Developments. Added benefits nearby include the Hoey Moey Hotel, Bowling Club, Cafes & a level walk to Park Beach Plaza the biggest shopping centre between Newcastle & the Gold Coast.
.
The current rental return is $78,000 approx per annum + GST with management also looking after the outgoings. This is a standout offering with the beach at your doorstep.
.
With many developments in the Park Beach precinct over the past few years such as Platinum Apartments 111 Ocean Parade in 2012 + 2015 the high-rise development of Equinox 87 Ocean Parade over 9 levels with 3 shops have proven that there is a spent up demand for future developments on the Beachfront in Coffs Harbour to cater for the people wanting the lifestyle of coastal living surrounded by the beach with flat level walks to amenities and attractions.
.
More recently SeaShells a high rise development over 12 levels situated at 122 Park Beach Road near Equinox was launched and has had a major uptake of off the plan sales & is currently under construction which is due for completion in 2018.
.
71-73 Ocean Parade provides for R1 Zoning with a height limit of 22 metres which applies to the 2043m2 allotment. The land allotment also has a rear lane which caters for multi level high rises. The zoning allows for a myriad of uses which include but not limited to: Tourism, Residential Developments, Entertainment, Clubs, Multi Dwelling Housing to name a few of the types STCA.
.
Without doubt the Ocean Parade location is a prime spot on the Coffs Coast with great upside for growth and further developments to cater for the spent up demand.
.
Current Configuration of the site comprises 13 units consisting of 4 x studios, 4 x 1 beds, 3 x 2 beds, 1 x 3 bed & 1 x 4 bedroom.
.
An Information pack is available on the site & zoning and development opportunity.
Property ID: #NCH2287
Shane Hessenberger Harcourts Coffs Harbour
Office Harcourts Coffs Harbour
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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