327 Esplanade, Coffin Bay, SA 5607

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Sold

Sold for $425,000 (Oct 13, 2020)

Excellent development property

327 Esplanade is what you could describe as, “the worst house on the best location”. Some people would say, “It’s a bulldozer job”, but others would see the potential for a re development. Either way, the views are uninterrupted, and the choice is yours.

The home is besser block, and built in 1960. It has 2 good sized bedrooms, and a small room off the back porch, which could be a small bedroom. The living is open to the kitchen, and you could design a new kitchen to suit your needs. The toilet is separate to the bathroom, and is in need of some work. A good shed provides storage for a boat, and the back yard is spacious and tidy. The neighbouring property is also for sale, and the combination of the 2, would provide a developer, “a magnificent Esplanade property” to develop.

Situated on the corner of the Esplanade and Greenly Avenue, the location is what it’s all about. Just across the Esplanade, is the Oyster Walk, Crinoline Point beach and panoramic views to Port Douglas Bay.

For sale for $450,000, the options are open, but securing this address, is value, that will only improve. Call Mike on 0428 854 020.

Property Info:
  • Property ID: L560132
  • Property Type: House
  • Garages: 4
  • Land Area: 706.0 sqm
We Know Your Area
R&H Suburb Profile: Coffin Bay

R&H Suburb Summary Houses
Number of sales 32
Average Price $399,250
Median Price $412,000
Median Rental Price $325 p.w.
Change in Rental Rate (5yr) 11 %
R&H Suburb Summary Units
Number of sales 1
Average Price $260,000
Coffin Bay, SA - Median Trend
412000.0