275 Pacific HighwayCoffs Harbour NSW 2450
Property Details for 275 Pacific Hwy, Coffs Harbour
Last Listing description (February 2018)
New 10 year lease expiring November 2027 plus options to 2037
Leased to Guzman y Gomez rapidly growing Australian based international restaurant chain with 100 outlets
Latest spec dine-in restaurant for 30 customers plus drive-thru facility
Gateway location on Pacific Highway with easy access opposite Bunnings
Coffs Harbour high growth coastal city of over 74,000 people plus over 1.6m north coast tourism visitors per annum
Tenant pays all outgoings, incl. management fees, as per lease
Fixed 3% annual rental Increases
High depreciation tax benefits
Net Income: $140,000 pa + GST
Property History for 275 Pacific Hwy, Coffs Harbour, NSW 2450
- 12 Dec 2017Sold for $3,110,000
- 14 Nov 2017Listed for Sale Contact Agent
- 08 Jul 2016Sold for $600,000
Recent sales nearby
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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 16,906 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 38.90% increase in median value, while Units have seen a 28.38% increase. As at 30 June 2026:
- The median value for Houses in Coffs Harbour is $862,723 while the median value for Units is $580,785.
- Houses have a median rent of $700 while Units have a median rent of $550.
Suburb Insights for Coffs Harbour 2450
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