325 Esplanade, Coffin Bay, SA 5607

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Sold

Sold for $480,000 (Nov 25, 2020)

Fantastic development property

Located on the Esplanade, just across the road from Crinoline Point beach, this 2 storey home has amazing panoramic views to the Brothers, Dutton Heads, and Coffin Bay National Park. A fantastic development property, it has the potential and location, to become an exceptional home in an exclusive position.

This 2 storey home was built in 1978, and the brick building gives the new owner the opportunity to develop the internals, and expand the deck to make it amazing. Downstairs are 2 fully contained 1 bedroom units, that could be rented immediately. Upstairs offers 3 bedrooms, a galley kitchen with separate dining and an expansive lounge, all providing views. The main bedroom has an ensuite, walk in robe and also opens to the deck. The back yard is in its original state, and with some machinery activity, a blank canvas creates many options, shed, pool, outdoor entertaining.

Located on the Esplanade, very close to the swimming beach at Crinoline Point and the western end of the Oyster Walk, it’s all about location. Pleasant strolls, spectacular sunsets, winter storms across the bay, evening swim on hot nights, boating off the beach just out front, it is truly a great location. Being offered for sale for $540,000, the bones are there to make this property exceptional.

Call Mike on 0428854020 to organise an inspection.

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Property Info:
  • Property ID: L553763
  • Property Type: House
  • Garages: 1
  • Land Area: 721.0 sqm
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R&H Suburb Profile: Coffin Bay

R&H Suburb Summary Houses
Number of sales 32
Average Price $423,594
Median Price $425,000
Median Rental Price $325 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 1
Average Price $260,000
Coffin Bay, SA - Median Trend
$425,000