94 Pacific Street, Corindi Beach NSW 2456
94 Pacific Street, Corindi Beach NSW 2456
Battleaxe block | 1,109m² R2 zoned | serviced and secluded | Corindi Beach coastal demand
This property offers a rare combination of generous R2 Low Density Residential land in a battleaxe configuration, which provides both privacy from the road and a substantial building envelope for a modern home. Its position near beaches and parks within a coastal community with limited supply—only seven properties for sale—gives a buyer a competitive edge in securing a well-sized parcel. The land is fully serviced with power, water, sewerage, and NBN, removing common development delays, and its size supports a house with outdoor space and landscaping. This suits a buyer seeking a private, build-ready site in a tight market, particularly for a custom home or dual-living potential subject to council approval.
The primary risk is the valuation gap between the $750,000 price guide and lower-confidence estimates up to $1.1 million, which means the buyer must independently verify market support through recent comparable sales. The battleaxe shape may limit some design options and reduce street appeal for resale, but it also reduces road noise and enhances seclusion. The opportunity lies in the land’s build flexibility and the area’s low turnover—60 sales in 12 months—suggesting steady demand. Hold this property as a long-term residential development site, building a home for personal use or future sale when coastal inventory remains constrained.
Detailed Independent Property Report prepared by PropCred Analyst team for 94 Pacific Street, Corindi Beach NSW 2456
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Corindi Beach is a coastal suburb positioned as an accessible family and retiree market, offering a relaxed lifestyle. Demand is driven by these demographics seeking affordability and a coastal setting, supported by a clear preference for houses over units. Recent price trends show strong annual growth, with a market characterised by consistent sales and a relatively brisk selling period. Future growth is underpinned by its established appeal and historical performance, though the limited stock on market suggests potential supply constraints.
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PropCred Estimated Value
Bedrooms
-
Bathroom
-
Parking
-
Land
1109m²
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