109 Richmond TerraceCoraki NSW 2471
Property Details for 109 Richmond Tce, Coraki
109 Richmond Tce, Coraki is a 9 bedroom, 3 bathroom House with 3 parking spaces and was built in 2005. The property has a land size of 772m2 and floor size of 148m2.This Property is currently listed for sale with Elders Real Estate Evans Head
Last Listing description (February 2026)
An increasingly rare opportunity to secure three income streams on one title in a tightly held riverside location. 109 Richmond Terrace, Coraki delivers long-term opportunity with mixed-use flexibility - all with tenants in place and happy to stay. Positioned directly opposite the Richmond River and within walking distance to cafs, shops and everyday conveniences, this positively geared property offers strong tenant appeal and a resilient investment profile.
Income at a Glance
-Front residence (Richmond Terrace): $480 per week
-Commercial shopfront: $7,200 per annum
Total return: $55,016 per annum
Property Highlights
Rear Residence Church Lane
-Four spacious bedrooms
-Open-plan living, kitchen and dining
-Bathroom with walk-in shower, bathtub and separate toilet
-Covered balcony and single-car garage
-Water did not enter into the habitable floor level during the 2022 flood event
Front Residence Richmond Terrace
-Five bedrooms with built-in robes
-Two bathrooms (one on each level)
-Updated kitchen with timber benchtops, modern cabinetry, dishwasher and electric stove
-Updated laundry and flooring
-Soaring ceilings throughout, showcasing heritage charm
-Front bedroom with river outlook
Additional Features
-Income-producing commercial shopfront leased
-Large storage shed with toilet (servicing the shop)
-Double covered carport
-Low-maintenance front courtyard overlooking the Richmond River
Location Highlights
Directly opposite the Richmond River
Neighbouring Heike's Caf and Coraki Hairdressers
30m to Memorial Park and playground
Approx. 250m to Spar, bakery and butcher
1.4km to local primary schools
24km to Evans Head beaches
25km to Lismore's CBD
Whether you're an investor seeking multiple income streams, a savvy buyer looking for mixed-use potential, or someone planning to live in one and lease the rest, this property ticks all the boxes. With reliable tenants in place and room to increase returns, 109 Richmond Terrace is a smart, future-proof addition to any portfolio.
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property History for 109 Richmond Tce, Coraki, NSW 2471
- 05 Jan 2026Listed for Sale $765,000
- 23 Jun 2025Listed for Sale $765,000
- 28 Jul 2023Listed for Rent $7,200 / month
Recent sales nearby
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0About Coraki 2471
The size of Coraki is approximately 28.1 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Coraki in 2016 was 1277 people. By 2021 the population was 1373 showing a population growth of 7.5% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation.In 2021, 77.80% of the homes in Coraki were owner-occupied compared with 71.30% in 2016.
Coraki has 715 properties. Over the last 5 years, Houses in Coraki have seen a 40.60% increase in median value, while Units have seen a 68.37% increase. As at 31 January 2026:
- The median value for Houses in Coraki is $478,303 while the median value for Units is $425,465.
- Houses have a median rent of $460.
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