Block of Units for sale

22 Vincent Street,

Coffs Harbour, NSW

17 8 10
$1,850,000 - $1,995,000


An extremely rare opportunity exists to purchase these eight, fully renovated units. All on the one title, all fully renovated and just 320m to the sand on Park Beach in beautiful Coffs Harbour.

Not offered to the market for almost 10 years, these 7 x 2 bedroom units and 1 x 3 bedroom unit, all fully renovated, ie bathrooms, kitchens, wardrobes and paint, the lot. All have courtyards and all are separately metered for electricity and all have instantaneous gas hot water systems. Yet they have not been separated and sold off individually. They exist on one title, on a large, flat, easy maintenance 1353m2 lot.

The property is fully tenanted and shows excellent rental returns.

Just 320m2 to the sand on Park Beach and an easy stroll to Park Beach Bowling Club, The Hoey Moey, several local cafe’s and the local service station. There is a bus stop only 100m from the property and Park Beach Plaza is less than 1km away.

This property is perfect for investors, self funded retirees or anyone looking for excellent returns on their money.

Live in the complex and manage it yourself or allow Langlands Property to manage the rental and maintenance side for you.

Keep it on one title and enjoy the returns or strata the eight units off and sell them individually.

The choices are endless and the astute investor can either have a comfortable retirement income or turn this property into profit.

Inspections are by appointment only.

Rates: $15,444 p/a Land Size: 1353m2

We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Code: 773
Last updated: 12:39PM on Feb 21st 2018
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Shop 1, 28-32 Harbour Drive
Coffs Harbour NSW, 2450
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