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  • 4/32 Karuah Avenue, COFFS HARBOUR, NSW 2450

4/32 Karuah Avenue, Coffs Harbour, NSW 2450

  • 2 Bed
  • 1 Bath
  • 1garages

Sold

Sold for $465,000 (May 25, 2023)

WALK TO THE BEACH & THE PLAZA

This is a fabulous opportunity for you to purchase a unit for your retirement, or possibly a holiday home near the beach. Approximately 500 metre level walk to the Park Beach Plaza & just a mere 370 metre walk to the beach. Currently leased to a great tenant on an 11 month lease & returning $470.00 per week in rent in an area that has seen 103% capital gains growth over the last 18years. Located on the first floor, with its own large balcony, it also has a dedicated undercover off-street parking spot right next to the entry door. If you don't want to swim at the beach this fantastic complex of eight units, mainly owner occupiers, has its own private swimming pool to enjoy at your leisure. This convenient location has and always will be a sought after position and the capital gain has been consistently strong for many years and we should see these gains continue as the city grows. Now is the time to buy before the market starts rising again. Rates: $2,617.00pa/ Strata: $3,786.00pa

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avatar James Brearley
James Brearley
Licensed Real Estate Agent / Stock & Station Agent

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Property Info:
  • Property ID: L1490288
  • Property Type:Unit
  • Carports:1

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R&H Suburb Profile: Coffs Harbour
R&H Suburb SummaryHouses
Number of sales310
Average Price$833,053
Median Price$740,000
Median Rental Price$650 p.w.
Change in Rental Rate (5yr)49 %
R&H Suburb SummaryUnits
Number of sales256
Average Price$577,283
Median Price$543,638
Median Rental Price$480 p.w.
Change in Rental Rate (5yr)43 %
Median Trend - $740,000

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