Refurbish or re-develop, that is the question. In an area like this, either option is certainly worth the effort. Positioned on the Jetty fringe, the
Refurbish or re-develop, that is the question. In an area like this, either option is certainly worth the effort. Positioned on the Jetty fringe, the property is only 1km to the village atmosphere of the Jetty's shopping and dining strip, and just a further 500m to the shores of Jetty Beach.
Sitting on 771sqm of R3 Medium Density Zoning provides potential for a townhouse development, while the unformed lane at the rear of the property allows for alternative access options.
If re-development is not your thing then a renovation is certainly worth the investment. Originally constructed in 1959, like many homes of the era this one is in need of a substantial redo to bring it back to life. It is in largely original condition, a little worse for wear, but still very lovable, and for a buyer with a vision there is potential for it to be reworked into a liveable, unique space that maintains its value over time and adds character and a sense of history to its neighbourhood.
Real Estate is all about location, location, location, and this one ticks all 3 of those boxes - centrally located between the Coffs Harbour CBD and the Jetty café & restaurant strip, it is walking distance to both Primary & High Schools, day care centres, parks and of course Coffs Creek. Additionally, beyond the leafy reserve at the rear of the property are the Coffs Creek walking and cycling tracks for an easy escape to nature.
Rates: $3108.13p.a (approx.)
Land Size: 771.4sqm
* Refurbish or re-develop: Zoned for townhouse development.
* Jetty Fringe location - 1km to Café & Restaurant strip.
* Unformed lane at rear for alternative access options.
* Also potential to profit from renovation.
* Original 3 bed home with updated bathroom.
* Leafy outlook to reserve at rear.