4-Lot Development with House | Prime Opportunity to Fast Track Lot 2
This exceptional 3,429sqm land parcel in the heart of Coffs Harbour offers a rare opportunity for developers looking to capitalise on a prime location with substantial development potential. With DA approval for a duplex and three residential blocks, this property is primed for immediate development. The vendors are motivated to discuss offers within the newly adjusted price guide, presenting an enticing opportunity for forward-thinking developers.

Property Highlights
- Investor Appeal - Ideal for savvy investors seeking strong returns and future growth potential.
- Proposed Lot Two Development Ready - Ample build area with DA approval for two x three-bedroom townhouses. Plans are available upon request and are easily adaptable with council approval.
- Installed Services: Significant groundwork completed, including two concrete driveways, dual sewer, water, and stormwater connections (one for each dwelling, see attached work as executed plans). Electrical and NBN connections are installed for both dwellings, with site classification completed as Class M.
- Cost Savings: Completed works, approvals, and services will save the buyer approximately $40k in upfront costs, along with significant time and effort.
- House includes large three bedroom, two story, three living area currently being leased at $600 p/w (running till May 2025) to assist with holding costs during development period.
- Scenic Views - Elevated outlook with stunning hinterland views, and pristine beaches a short drive away.
- Zoning: R2 Low-Density Residential Zone, ideal for a relaxed and family-friendly living environment.
- Proximity to Amenities: Close to both private and public-school bus routes and nearby parklands.
- Prime Location: Only seven minutes to Coffs Harbour CBD for easy access to shopping, dining, and services.
- Travel Convenience: A quick 12-minute drive to Coffs Harbour Airport for seamless travel options.
- Healthcare Nearby: Just a one-minute walk to Baringa Private Hospital, making it an ideal location for fly-in, fly-out specialists.