For Sale

4 Bellingen Road, Coffs Harbour, NSW, 2450

$799,000

3
1
1
1448 m²

House

•

What's around 4 Bellingen Road

Substantial 1,448m² R3 Landholding with Future Potential

It is the scale of the land that sets 4 Bellingen Road apart. Occupying an impressive 1,448m² in an elevated Coffs Harbour position, this substantial R3-zoned holding presents an opportunity to secure a sizeable parcel close to the heart of the city, with options to consider renovation, investment and future redevelopment. Already occupying the site is an original circa 1930s three-bedroom home, giving buyers the flexibility to take a measured approach to the property's future. Renovate and lease the existing residence while exploring development possibilities, retain the home as a longer-term investment, or investigate how the generous landholding and R3 zoning could be utilised through future redevelopment, subject to council approval. For developers and investors, the combination of land size, zoning and central position provides an appealing foundation from which to explore the site's potential. For buyers prepared to renovate, the existing character home offers another avenue to add value while retaining the flexibility of the larger block. – Substantial 1,448m² landholding – R3 Medium Density Residential zoning – Scope to investigate future redevelopment options (STCA) – Existing circa 1930s three-bedroom character residence – Opportunity to renovate and lease while future plans are considered – Potential to retain the existing home as a holding investment – Elevated position with outlook across the Coffs Harbour CBD – One bathroom and off-street parking – Flexible proposition for developers, investors and renovators – Central location with shops, dining, transport and everyday amenities within easy reach The real strength here is choice. Renovate and rent, secure the property as a longer-term holding, or investigate redevelopment of the substantial R3-zoned site. With 1,448m² of land in a convenient Coffs Harbour location, 4 Bellingen Road offers an opportunity to make use of what is here today while considering what the site could become in the future. Council Rates: $3,900 pa (approx.) Land Size: 1,448m² (approx.) Zoning: R3 Medium Density Residential Age: Circa 1930s 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.

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