2 Lyster Street, Coffs Harbour, NSW 2450 | Property Value & History | OnTheHouse
OFF MARKET

2 Lyster Street
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 301m2
Land area: 807m2
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Property Details for 2 Lyster St, Coffs Harbour

Building Type
Commercial
Floor Size
301m2
Land Size
807m2
Local Government
Coffs Harbour
Lot/Plan
1/DP334751

Last Listing description (December 2021)

Not often do you get a tenanted investment in such an ideal location!

2 Lyster Street is being offered for sale for the first time in over 22 years...Having served the owner well as a positive cash-flow investment* - they are now moving on to new projects and keen to see another savvy investor take on this ripe opportunity.

Providing approx. 550m2 net lettable area under roof; the building is split into two separate tenancies - with the same tenant in occupancy for circa 9 years.

Both tenancies are separately metered for utilities and the leases cover tenant reimbursement of 100% of standard building outgoings**.

Enjoying a massive 22m frontage to Lyster Street, providing great signage exposure - the building also provides easy access to the Pacific Highway and Harbour Drive (main street of Coffs Harbour CBD).

Along with it's location directly across the road from a large, free - all day Council carpark...2 Lyster Street has long been a popular location for national brand and Government agencies to position their business.

Internal fitouts include two modern, air conditioned, carpet and painted professional office suites with large glazed street frontage and sperate front and rear entrances. Large kitchen and disabled bathroom facilities. The two suites are approx. 250m2 and 301m2 respectively (one of the premises enjoying the additional benefit of a fully fitted out, air conditioned mezzanine office area with bathroom facilities both up and down stairs).

There is a large, fully fenced carpark at the rear - providing 8+ carpark spaces on site for the tenants.

Rear lane access, rectangular shaped, level block and its ideal location - lends this property to future development opportunities (STCA) with long standing, successful local accounting firm and law firm both recently relocating their businesses to Lyster Street, undertaking a major redevelopment of a site two doors up from this property - suggesting the confidence this location provides the the professional services community to position their business here.

2 Lyster Street provides your investment portfolio with a high-profile; tenanted, quality building - close to all major facilities with future development opportunities (STCA).

To receive further information on this property, or to arrange a private viewing - contact exclusive sales agents: Your Commercial Property Specialist.

Additional internal photos available on request.

Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Your Commercial Property Specialist office: (02) 5606 2444 or admin@yourcps.com.au

We're your commercial property people - and we look forward to securing this premises for you.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.
*this property was a positive cashflow investment for the Vendor and we are in no way implying or suggesting it will be the same for the purchaser and strongly recommend independent financial advice be sought for guidance on your investment needs.
**Enquires should satisfy themselves as to what outgoings are recoverable under the current leases.
STCA - Subject to Council Approval.
All areas are approximates only and should be verified by enquirers with taking their own measurements.

Property History for 2 Lyster St, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$2,005,000
08 Dec 2021
Listed for Rent
$843/w
08 Dec 2012
  • 08 Dec 2021
    Sold for $2,005,000
  • 27 Sep 2021
    Listed for Sale By Negotiation
  • 02 Sep 2012
    Listed for Rent $44,000 / year
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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 16,906 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 46.19% increase in median value, while Units have seen a 29.24% increase. As at 30 April 2026:

  • The median value for Houses in Coffs Harbour is $868,799 while the median value for Units is $563,981.
  • Houses have a median rent of $690 while Units have a median rent of $550.
There are currently 212 properties listed for sale, and 188 properties listed for rent in Coffs harbour on OnTheHouse. According to Cotality's data, 752 properties were sold in the past 12 months in Coffs harbour.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.