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4 Bellingen Road, Coffs Harbour NSW 2450

$799,000

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$799k - $839k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 1448 m²

Listed: 27 days ago

Overview

Situated in an elevated position within Coffs Harbour, this property distinguishes itself through its substantial 1,448m² landholding zoned R3 Medium Density Residential, presenting multiple future potential avenues. The large parcel offers flexibility, appealing to developers, investors and renovators looking for opportunities close to the city's heart.

The existing home, an original character residence dating back to the 1930s, provides a functional starting point. Its three bedrooms and single bathroom layout with off-street parking enables buyers to renovate and lease the property immediately or retain it as a long-term investment while assessing redevelopment possibilities subject to council approvals.

This elevated position enjoys outlooks over the Coffs Harbour CBD and provides convenient access to shops, dining, transport and everyday amenities. The zoning and land size together create a rare and adaptable asset, whether considering subdivision potential, enhancement of the existing home or flexible holding strategies.

Highlights include:

Significant 1,448m² parcel with R3 Medium Density Residential zoning
Character home offering three bedrooms and one bathroom
Opportunities for renovation, leasing or longer term investment
Elevated outlooks across the city centre
Close proximity to essential services and conveniences
Potential scope for future redevelopment subject to council consent

This property offers a strategic proposition providing choice and adaptability in an important location. Buyers can take advantage of its immediate usability with a classic home while exploring the broader future value the expansive block affords.

Local Market Insights

In Coffs Harbour, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $1,265,528. The property type mix of listed properties is predominantly Houses at 69%, followed by units (13%), and villas (8%). The most active agency for houses in the Coffs Harbour area is currently Lifestyle Group, representing 19% of new listings, followed by Aleta Co Realty with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.