32 Meadow Street, Coffs Harbour NSW 2450

Introducing an exceptional investment opportunity! Nestled on a spacious 784 sqm block, this charming 3 bedroom, one bathroom home with a carport is awaiting its next owner. Boasting an R3 Zoning (Medium Density), this property presents fantastic development potential only minutes to Coffs Harbour CBD.

The house itself features ample space with timber floors throughout and air conditioning in the front living and dining area, ensuring year round comfort. The updated kitchen is at the center of the home and features tiled splash backs and timber benchtops as well as loads of storage and electric appliances.

Towards the front of the home, you'll find two bedrooms nestled off the living area, providing privacy and ample space. The main bedroom is conveniently positioned adjacent to the updated modern bathroom, offering a contemporary aesthetic. Additionally, a second toilet in the laundry adds convenience. At the rear of the home, a large sunroom awaits, perfect for use as an additional living area, kids play space or office. The third bedroom is also located off the sunroom providing versatility and flexibility.

Sliding doors from the sunroom lead to the undercover paved entertaining area and a fully fenced, generously sized backyard. Here, you'll find an abundance of space for outdoor activities, and a well sized shed which adds extra storage options.

Currently tenanted until October 2023 at a weekly rent amount of $470, this property offers a great opportunity for the savvy investor. Its central location provides easy access to essential amenities, schools, shops, and transport.

Situated on a generous block, there is an abundance of space for further expansion of the current property or opens the scope, subdivide and build a second dwelling or perhaps redevelop the whole site. The R3 zoning enhances development prospects, allowing you to explore various options and maximise the potential of the property. Don't miss out on the chance to secure a promising investment or opportunity to create your dream home.

Council Rates: $3,333 pa (approx.)
Land Size: 784.1 sqm (approx.)
Building Size: 113 sqm (approx.)
Zoning: R3 (Medium Density)
Age: 61 years (approx.)