10 Susan Close Coffs Harbour NSW 2450

10 Susan Close Coffs Harbour NSW 2450
Central Coffs Harbour | 1,930sqm residential lot | 1995 house | Quiet cul-de-sac | Townhouse development precedent This propertyΒ’s primary strength is its substantial landholding in a central location, presenting a dual-opportunity as a large family home or a redevelopment site. The proven townhouse precedent on the lot and its position outside key hazard zones significantly de-risk any future development application. It serves a buyer seeking a long-term hold with immediate utility and clear optionality for capital growth through subdivision. The decision hinges on executing the development potential, as holding it solely as a five-bedroom house on such a large block carries a substantial opportunity cost. The commercial logic is compelling given the suburb’s growth and rental demand, but requires capital and expertise to realise. Acquire for the land with a plan to develop; our analysis provides the real market valuation, due diligence checklist, and locality risk assessment to secure this position.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Coffs Harbour is a high-income coastal hub with a diverse property mix, experiencing sustained demand from local buyers and regional sea-changers. The market has seen significant capital growth in recent years, with strong competition for well-priced houses. Future stability is linked to economic conditions, though underlying population growth and development capacity provide a solid foundation for the region.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

3

Land

1930mΒ²

Assessments Delivered Today

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