23 Park AvenueCoffs Harbour NSW 2450
Property Details for 23 Park Ave, Coffs Harbour
Last Listing description (December 2019)
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.
3.0% fixed annual increases with review to market on exercise of option.
Lease provides for tenant to pay 100% of outgoings; including council rates, land tax, insurance, air conditioning and fire and emergency equipment.
The current tenant has invested in the internal fitout including upgrading some parts of the building to suit their needs.
The building has ducted air conditioning, NBN connection, modern internal fitout, great signage exposure and on site parking for up to 7 vehicles.
Zoned B3 Commercial Core, this is the strongest commercial zoning in the city; providing many opportunities for the purchaser - including future redevelopment opportunities*STCA.
Park Avenue has long been a popular location for both local and national businesses.
Businesses currently located on Park Avenue include Woolworths, OPTUS, 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.
For further information or to arrange an inspection contact exclusive Agents - Your Commercial Property Specialist:
Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Steve Little: 0408 512 529 or steve@stevelittle.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au
We are your commercial property people - and we look forward to securing this premises for you/your client.
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.
Property History for 23 Park Ave, Coffs Harbour, NSW 2450
- 26 Nov 2019Sold for $995,000
- 01 Nov 2019Listed for Sale $995,000
- 23 Jan 2017Listed for Rent $60,000 / 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 16,886 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.
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