23 Park Avenue, Coffs Harbour, NSW 2450 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,165,000

23 Park Avenue
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 429m2
Land area: 523m2
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CBD Tenanted Investment With Lease Until 2033

Rare opportunity to secure a CBD property with long term lease to reputable local organisation -
Coffs Harbour Aboriginal Community Care Centre Inc. (known as "Abcare").
ABCARE has been operating since 1987 and was a tenant with the previous landlord for 25+ years.
Current rent is $79,806.55/pa and tenant pays 100% of outgoings including council rates, water sewer and drainage charges, land tax, insurance, maintenance of air conditioning system and fire equipment.
The lease provides for 3.0% fixed annual increases.
The building has ducted air conditioning, NBN connection, modern internal fitout, great signage exposure and on-site parking for up to 7 vehicles.
Park Avenue has long been a popular location for both local and national businesses.
Businesses currently located on Park Avenue include Woolworths, The Cheese Cake Shop, Morgans Financial Ltd as well as pharmacies, accountants, real estate agents, lawyers, travel agents, restaurants, allied health professionals. health clubs, employment agencies just to name a few.
Park Avenue also benefits from multiple large FREE to park council carparks.
DONT Miss out on this rare opportunity to secure tenanted CBD investment with such a reputable tenant in place.
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Property Details for 23 Park Ave, Coffs Harbour

Building Type
Commercial
Floor Size
429m2
Land Size
523m2
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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. There are 52 parks, covering nearly 16.3% of the total area. The population of Coffs Harbour in 2016 was 25752 people. By 2021 the population was 27089 showing a population growth of 5.2% in the area during that time. The predominant age group in Coffs Harbour is 60-69 years. Households in Coffs Harbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coffs Harbour work in a professional occupation.In 2021, 57.30% of the homes in Coffs Harbour were owner-occupied compared with 56.00% in 2016.

Coffs Harbour has 16,925 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 31.38% increase in median value, while Units have seen a 21.57% increase. As at 31 July 2026:

  • The median value for Houses in Coffs Harbour is $850,791 while the median value for Units is $570,532.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 216 properties listed for sale, and 195 properties listed for rent in Coffs harbour on OnTheHouse. According to Cotality's data, 728 properties were sold in the past 12 months in Coffs harbour.

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Cherie Parik
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