For Sale

5 Victoria Street, Coffs Harbour, NSW, 2450

$1,050,000

3
1
2
862 m²

House

15 days on the market

What's around 5 Victoria Street

DA approved for a five townhouse development

• Exceptional site with Development Approval (DA) and civil approvals in place • Approved for a 5 x 3-bedroom townhouse development • Strategically positioned between the Coffs Harbour CBD and Jetty precinct • Zoned R3 Medium Density Residential • 862sqm site with existing dwelling currently achieving $565 per week rental • For a full Information pack (IM), send enquiry via this listing or contact Rich McKeon (Agent) An exceptional opportunity to secure a ready-to-go development site in a well established residential enclave, ideally positioned just minutes from the Coffs Harbour CBD and the Jetty precinct. Set on a level parcel, the property features an existing dwelling currently tenanted, providing valuable holding income while you prepare to commence construction. All approvals are in place, with full DA and civil approvals for five townhouses. The incoming purchaser simply needs to pay the required council contributions to trigger the release of the Construction Certificate, allowing works to begin immediately. Interested parties must carry out their own independent enquiries and due diligence. Opportunities of this calibre are rare, offering a streamlined pathway from acquisition to construction, with minimal delays and strong location appeal. Ideally suited to developers or builders seeking a project with reduced upfront risk and holding costs. The current owner is offering the property for sale due to a full schedule of existing project commitments and, rather than delaying commencement of this development, is prepared to proceed with a sale should the asking price be achieved. For a full Information pack (IM), send enquiry via this listing or contact Rich McKeon (Agent) Main Features: • Total land area: approximately 813sqm • Existing dwelling currently returning rental income of $565 per week • Positioned just minutes from both Coffs Harbour CBD and the Jetty precinct • Quiet neighbourhood, street set back from main roads • DA and civil approvals in place, subject to council contributions being paid • Zoned R3 Medium Density Residential Disclaimer: Whilst all care has been taken to ensure accuracy of the information, no warranty can be given. Interested parties must therefore make their own independent enquiries.

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