CBRE, as the exclusive selling agent, is pleased to present 22 Camperdown Street, Coffs Harbour NSW, a blue-chip beachside freehold block of apartments positioned within the tightly held Coffs Harbour Jetty precinct.

Occupying a substantial 1,476sqm* landholding with elevated coastal outlooks, the property presents an exceptional opportunity to acquire a high-quality residential investment offering strong holding income, multiple value-add opportunities and outstanding long-term capital growth potential.

Whether held as a long-term investment, strata subdivided and sold down, repositioned or redeveloped in accordance with the existing development approval, the property offers exceptional flexibility in one of New South Wales’ most sought-after coastal lifestyle destinations.

The property offers the following key investment highlights:
+ Blue-chip beachside freehold block of apartments within the tightly held Coffs Harbour Jetty precinct
+ Income-producing beachside block of seven residential apartments fully leased gross income of approximately $200,000 per annum gross*
+ Includes active DA approval for a boutique 10-apartment residential development
+ Multiple value-add opportunities, including strata subdivision and sell-down, repositioning the existing improvements, further land subdivision or progressing the approved development
+ Elevated position capturing sweeping coastal views across Jetty Beach and the Pacific Ocean
+ Significant 1,476sqm* landholding with an expansive 32m* frontage to Camperdown Street
+ Flexible R1 General Residential zoning supporting a range of residential outcomes (STCA)
+ Significant recent capital investment completed, including a new roof, guttering and downpipes, full exterior repaint, refurbishment of the common areas, and upgrades to the car park and external metalwork, enhancing the presentation and long-term appeal of the asset
+ Existing accommodation comprising five (5) two-bedroom apartments, two (2) three-bedroom apartments and one (1) one-bedroom apartment*
+ Within walking distance of Jetty Beach, the Marina, Jetty Foreshore and the renowned Jetty Strip café and dining precinct
+Moments from the Coffs Harbour CBD, major retail amenity including Woolworths, Coles and Kmart, together with the recently completed $82 million Yarrila Place civic and cultural precinct
+ Positioned to benefit from the continued revitalisation of the Coffs Harbour Jetty Foreshore precinct together with the transformative $2.2 billion Coffs Harbour Bypass, further enhancing connectivity and supporting the region’s long-term growth
+ One of New South Wales’ premier coastal lifestyle destinations, benefiting from sustained population growth, lifestyle migration and strong demand from owner-occupiers, downsizers and investors alike

For Sale via Expressions of Interest closing Thursday 10th September 3:00pm.

For further information or to request access to the due diligence room, please contact the exclusive selling agents.

1 coffsharbour.nsw.gov.au
2 Forcast.id

*Approx