Prime Beachfront Holding - Coffs Harbour Property Gem

81 Ocean Parade Coffs Harbour is situated in a prime beachfront location on a level land allotment of approximately. 1,020m2, there is a weatherboard cottage on the land and car parking facilities. The cottage at 81 Ocean Parade is home to The Mermaid Beach House a boutique restaurant-cafe in beautiful Coffs Harbour, the outdoor verandah provides the perfect beach lifestyle setting as the property is right on the pacific ocean which provides an awesome vibe and cool oasis whilst you dine.
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Features and opportunity are Endless:
- R1 General Residential Zoning allows a myriad of potential uses of the property permitted with consent namely being a Food and Drink Premises, Attached dwellings, Multi Dwelling Housing, Residential Accommodation, Residential Flat Buildings, Seniors Housing, Hostels, Tourist and Visitor Accommodation, Eco-Tourist Facilities and Entertainment Facilities.
- Located on the beachfront
- Height Limit 40 metres (S.T.C.A)
- High exposure position on Ocean Parade surrounded by tourist sites and high-rise residential
- Nearby is the Hoey Moey Hotel, Bowling and Surf Clubs
- Short level walk to the largest shopping centre between Newcastle and the Gold Coast the Park Beach Plaza and Homebase with major retailers
- Recent high-rise developments nearby Seashells and Equinox showcase long term potential of the site
- Level land holding on an approximately 1,020m2 allotment
- Two street access - front sealed street access and sealed rear lane access
- Sewer easements running parallel and adjacent to the rear of the property boundary
- Turn key instant return with the Restaurant-Café in operation with a registered lease providing a return of approx. $48,000pa plus outgoings
- Coffs Harbour is running out of potential development sites and major developments are currently underway in the Park Beach area which include the $200m seniors living development in Arthur-York streets attracting major attention.
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Awesome opportunity to secure a prime residential beachfront land holding in Coffs Harbour's property in the Park Beach tourist precinct with massive upside for future development.
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The property is being sold by Expression of Interest. Contact Agent for Guidance and Viewing times. Shane Hessenberger - 0405 313 272
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Covid-19 Safe Plan - Your details will be recorded and at inspections questions will be asked about your wellbeing, hand sanitizer use is a requirement of entry, STOP if you have been feeling unwell or recently came from a known hot spot as you will be refused entry, ID may be required. Masks and gloves will be provided for use if warranted, social distancing of 1.5m to be abided by at all times. Thank you for your understanding. Note: Inspections via virtual means are available.