3/95 Ocean Parade, Coffs Harbour, NSW 2450

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Sold

Sold for $515,000 (Aug 10, 2021)

MONEY MAKING HOLIDAY HOME IS A CLEVER INVESTMENT

Excellent capital gains with a great rental income. Here is your opportunity to take advantage of the holidays “only in Australia era”, and own your own piece of prime real estate in one of the regions fastest growing locations. Located just behind the dunes of Park Beach, 3/95 Ocean Parade is in an ideal location for those looking to invest in a holiday home that offers great returns when not being enjoyed by yourself. This fully furnished unit has a proven record of good returns & well run strata, where the future only looks to be getting better, come catch the Coffs wave of improvements.

Enjoy being able to park the car & just walk to everything. Excellent surf breaks & fishing, stroll along the beaches or amongst the parks, maybe take a paddle in the estuary. You can enjoy a drink & counter meal at the famous Hoey Moey or at the Bowlo, plus many friendly cafes & restaurants are all right on your doorstep.

This fabulous, convenient unit has two sunny balconies. The main balcony is really big, ideal for entertaining and overlooks the pool, while the second balcony adjoins the main bedroom and is a more intimate affair, looking out onto parkland & allows you to enjoy sunny winter mornings and cool sea breezes in summer.

So if you wish to live in or invest, this fabulous fully furnished unit makes for a great opportunity at a very affordable price and it’s so close to the beach!

Rates $2,474.00 pa / Strata $3,830.00 pa (approx.)

Nett Rental Income 2020-21: $24,105.77

NB: COVID-19 ‘Conditions of Entry’ apply at our property inspections, including the wearing of masks. These measures have been implemented to protect the health of our team, our clients and the wider community. We apologise for any inconvenience, and thank you for your understanding.

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Property Info:
  • Property ID: L8874669
  • Property Type: Unit
  • Carports: 1
We Know Your Area
R&H Suburb Profile: Coffs Harbour

R&H Suburb Summary Houses
Number of sales 385
Average Price $656,315
Median Price $615,000
Median Rental Price $530 p.w.
Change in Rental Rate (5yr) 26 %
R&H Suburb Summary Units
Number of sales 312
Average Price $481,781
Median Price $435,000
Median Rental Price $420 p.w.
Change in Rental Rate (5yr) 31 %
Coffs Harbour, NSW - Median Trend
$615,000