55 Grafton Street, Coffs Harbour, NSW 2450 | Property Value & History | OnTheHouse
 
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55 Grafton Street
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 361m2
Land area: 242m2
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Property Details for 55 Grafton St, Coffs Harbour

Building Type
Commercial
Floor Size
361m2
Land Size
242m2
Local Government
Coffs Harbour
Lot/Plan
61/DP740641

Last Listing description (November 2015)

This prime CBD investment property occupies one of the few remaining landmark future redevelopment sites in the burgeoning Coffs Harbour CBD.
Positioned on the high profile corner of Grafton Street and Park Avenue, the property is situated directly opposite Woolworths and enjoys prominent highway exposure.
The property occupies a favourable somewhat elevated position on the south eastern corner of the busy traffic controlled intersection, within the popular eastern CBD precinct.

The property is strategically positioned for future redevelopment as detailed within a town planning consultant's report prepared by Bennell and Associates dated November 2014.
This multi-tenanted mixed commercial investment consists of five tenancies, including national company Xerox.
The gross annual rental is $104,557, with an estimated net income of $70,884 excl. GST.
Passing rentals are in line with prevailing market rentals.
Frontage to Park Avenue is approximately 21 metres and some 10 metres to Grafton Street.
The two storey building has an approximate gross leasable area of 361m2.
Total site area is some 242m2.
The land is zoned Business City Centre Core under Coffs Harbour LEP 2013.
This prime investment opportunity enjoys the following features:
- Strategic CBD holding
- Attractive future redevelopment potential
- High profile corner position
- Substantial combined frontages
- Quality tenancy mix
- Secure multi-tenanted investment
This prime investment will be offered for sale by private treaty with an asking price of $900,000, showing a net return of 7.9%.
For all further details contact the exclusive marketing agents:
Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com
Winners of The Major Real Estate Franchise Network Of The Year 2013 and 2014.

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Property History for 55 Grafton St, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$845,000
03 Sep 2015
  • 03 Sep 2015
    Sold for $845,000
  • 01 May 2015
    Listed for Sale $900,000 GST exempt
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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 16,892 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 202 properties listed for sale, and 181 properties listed for rent in Coffs harbour on OnTheHouse. According to Cotality's data, 747 properties were sold in the past 12 months in Coffs harbour.

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