27-29 Walter Morris CloseCoffs Harbour NSW 2450
Property Details for 27-29 Walter Morris Cl, Coffs Harbour
Last Listing description (May 2021)
This modern single storey retail investment occupies a high profile position fronting Park Beach Road on the corner of Walter Morris Close, opposite Park Beach Plaza - the largest shopping centre in between Newcastle and the Gold Coast.
Situated approximately 3 kilometres from the burgeoning Coffs Harbour CBD, the building is leased to PETstock, Sports Power Super Warehouse, Ventoux Cycles, and F45 Training returning a gross annual rental of $360,673 plus GST.
The estimated net annual rental is $325,512 plus GST.
The modern building accommodates an approximate gross leasable area of 1,941m2.
Generous onsite car parking for 20 vehicles is supplemented by adjacent kerbside parking in Walter Morris Close.
This prime retail investment enjoys the following features:
* High profile position
* Three street frontages
* Heavy vehicular traffic flows
* Situated opposite Park Beach Plaza
* Only 3 kilometres from Coffs Harbour CBD
* Convenient customer access
* Excellent signage availability
* Generous onsite parking
* Multi-use zoning
* Modern low maintenance buildings
* Secure long term tenants
* Land area 3,402m2
If you've been looking for a high quality retail investment with high growth opportunities then CALL NOW!!!
Asking price - $5.5 million negotiable.
For all further details contact marketing agents LJ Hooker Commercial:
Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com
LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 coffsharbour@ljhc.com.au
The leading specialist commercial agency servicing The Coffs Coast.
Property History for 27-29 Walter Morris Cl, Coffs Harbour, NSW 2450
- 10 Dec 2024Sold for $6,415,000
- 09 Aug 2017Listed for Sale $5,250,000 GST EXEMPT
- 05 Jun 2015Listed for Rent - Price not available
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0About 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 16,898 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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