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85 Richmond Terrace

Coraki NSW 2471

5
2
4
2000 m²
House
Currently for sale - view listing

Overview

CALLING ALL ENTREPRENEURS AND FEDERATION LOVERS

Set on a prominent 2,000m²* block opposite the Richmond River, the original Bank of Coraki, circa 1901*, presents a rare opportunity to secure a landmark property with scale, history and commercial potential. Constructed in solid double brick and rich in period detail, the home retains its original character with 12-foot ceilings, hardwood floors, pressed metal ceilings, marble fireplaces and the original bank safe. These features create a clear point of difference for buyers seeking a high-end residence or a distinctive short-stay or hosted accommodation offering. Importantly, Coraki is experiencing strong demand for short-term accommodation, with the local caravan park consistently reporting high occupancy. There is a clear gap in the market for quality Airbnb or boutique stays, positioning this property to capitalise on that demand from day one. With RU5 Village zoning, the flexibility here underpins the opportunity. The layout supports multiple guest rooms and shared spaces, making it well suited to Airbnb, a hosted bed and breakfast or small-scale events. The residence offers up to six bedrooms, including a master suite with walk-in robe and ensuite. Updated kitchen and bathrooms with stone benchtops, along with nine air conditioning units, provide modern comfort while maintaining the home's historic character. A separate DA-approved creative studio adds further versatility, ideal for additional accommodation, a workspace or guest experiences. Outdoors, a half wrap-around verandah overlooks established gardens, complemented by an in-ground saltwater pool and original stables now used as a workshop. For buyers, the opportunity is clear: * Landmark building with strong historic appeal * Ideal for Airbnb, boutique accommodation or hosted stays * Proven demand for short-term accommodation in the area * Flexible RU5 Village zoning * Large 2,000m²* block with additional studio * Saltwater swimming pool with water feature * Access from main street and rear lane * New roofing across all structures Positioned in the heart of Coraki, just 23* minutes to Evans Head and 39* minutes to Ballina, this is a strategic acquisition combining lifestyle and income potential. Opportunities like this are rare. Secure a property with presence, flexibility and a clear pathway to income. Register your interest and inspect. Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here. * = approx.

Features

5 bedrooms
2 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
2000 m² lot size
House

Happy sellers in Coraki

95%
95% of sellers in Coraki reported that their sale price either exceeded or met their price expectations.

Coraki stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Coraki over the last 12 months.

Local market activity for 5 bedroom houses in Coraki

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