27A Apollo Drive, Coffs Harbour NSW 2450
27A Apollo Drive, Coffs Harbour NSW 2450
Large block in established street | single-level brick/tile home | impeccably presented | lot size discrepancy flags context
This property presents a competitively strong offering as a low-maintenance, single-level house on a substantial urban lot, a configuration that is increasingly rare and serves the downsizer or lifestyle buyer seeking space without complexity. Its solid brick and tile construction and impeccable presentation reduce immediate capital demands, positioning the buyer with a move-in ready holding in a stable residential setting. The core strength lies in the land parcel; a 754m² block in this location provides a latent option for future subdivision or extension, contingent on council zoning, making it a strategic purchase for those valuing land banking potential over built area alone.
The primary decision point is the conflicting land size reporting, which introduces a tangible due diligence cost and subdivision feasibility risk that the buyer must directly resolve with council records. The absence of recent comparable sales in the analysis limits precise value anchoring, though the October 2024 sale price sits comfortably within the current estimated range, suggesting a purchase at fair market value without an obvious discount. Proceed only with a confirmed survey and zoning verification; this property is best held as a long-term residence with embedded optionality, not a short-term trading vehicle.
Detailed Independent Property Report prepared by PropCred Analyst team for 27A Apollo Drive, Coffs Harbour NSW 2450
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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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
3
Bathroom
1
Parking
1
Land
754m²
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