188 Orlando Street, Coffs Harbour, NSW 2450 | Property Value & History | OnTheHouse
 
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188 Orlando Street
Coffs Harbour NSW 2450

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Property Details for 188 Orlando St, Coffs Harbour

Building Type
Commercial
Local Government
Coffs Harbour
Lot/Plan
11/DP242272

Last Listing description (December 2022)

HIGH PROFILE INVESTMENT OPPORTUNITY

This Blue Chip Investment opportunity is located in Orlando Street, a major arterial road in Coffs Harbour. The high profile site is only a short drive off the Pacific Highway and is easily accessible. Originally purpose built for Bob Jane T-marts, the national tenant has occupied the building continuously for over 20 years. The front building, occupied by Bob Jane Corporation comprises a 420sqm (approx.) Showroom/ Workshop with an additional 100sqm storage mezzanine. A glazed showroom fronts Orlando Street and a four bay workshop is accessed from the wide driveway. Ample on-site parking is catered for with 14 spaces.

The rear yard offers scope for future development potential (subject to council approval). Concept plans have been designed in the past showing a large single tenancy or smaller two tenancy development. The area is currently leased on a periodic lease to a local business.

Current net rental is $88,653 (Approximately) for the total site. Near by businesses include Coffs Harbour Toyota & Hyundai, Mitre 10, North Coast V- Twins, Tile Wizards and Windscreens O'Brien.

This once in a generation investment opportunity offers any income purchaser a highly sought after investment, anchored by a National Tenant plus scope for possible future development creating additional income streams. The AAA location ensures long term future occupation.

EXPRESSION OF INTEREST CAMPAIGN: Closes 10th November 2022 at 1:00pm

To arrange a copy of the Executive Summary or an inspection, please contact Exclusive Marketing Agents The Edge Coffs Harbour.

Kel Gibson
M: 0407 665 360
P: (02) 6652 9888
E: kel@theedgecommercial.com.au

Denis Gleeson
M: 0417 414 033
P: (02) 6652 9888
E: denis@theedgecommercial.com.au

The Edge Commercial...your local commercial, industrial and retail property and business sales experts.

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Property History for 188 Orlando St, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,850,000
28 Nov 2022
  • 16 Dec 2022
    Listed for Sale Expressions of Interest closing 10 November 2022
  • 29 Nov 2022
    Sold - Price Undisclosed
  • 28 Nov 2022
    Sold - Price Undisclosed
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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. It has 52 parks covering nearly 16.3% of 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 16,900 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 53.81% increase in median value, while Units have seen a 48.70% increase. As at 31 December 2025:

  • The median value for Houses in Coffs Harbour is $821,523 while the median value for Units is $594,712.
  • Houses have a median rent of $630 while Units have a median rent of $570.
There are currently 211 properties listed for sale, and 188 properties listed for rent in Coffs harbour on OnTheHouse. According to Cotality's data, 748 properties were sold in the past 12 months in Coffs harbour.

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