81 Raleigh Street, Coffs Harbour, NSW 2450

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Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings

Last updated on Thursday, July 09, 2026 ( See property details for 81 Raleigh Street, Coffs Harbour, NSW 2450)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity featuring four leased units on a level, elevated block with future development potential near Coffs Harbour Golf Club.

🏡 Property Highlights

  • Prime elevated position just 200 metres from Coffs Harbour Golf Club's 12th hole
  • Four well-established, leased two-bedroom units on a single title
  • Generous, mostly level 815.7m2 block with future development potential (STCA)
  • Solid income stream with scope to increase yield through upgrades or rental adjustments
  • Flexible R2 zoning allowing for renovation, rebuilding, or landbanking
  • Two double carports providing parking for four vehicles

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Coffs Harbour offers a vibrant coastal lifestyle with scenic golf courses, beautiful beaches, and a strong community atmosphere. The suburb features excellent amenities, convenient transport links, and a range of recreational activities, making it an ideal location for both investors and residents seeking a relaxed yet active lifestyle. Its proximity to the golf course enhances its appeal for golf enthusiasts and those seeking a peaceful, scenic environment. The area is well-serviced with shops, cafes, and schools, ensuring a convenient and enjoyable living experience.

What is the current rental income for the units, and is there potential to increase it?
The units are currently leased on month-to-month agreements at below-market rent, providing an opportunity to increase yield through rental adjustments or upgrades.
Are there any planning or development restrictions on the property?
The property has R2 zoning, which allows for future development (STCA), subject to council approval and compliance with local planning regulations.
What are the ongoing costs associated with the property?
Annual council rates are approximately $10,110, and there may be additional costs for maintenance, insurance, and utilities.
Is the property suitable for renovation or rebuilding?
Yes, the solid existing structures and flexible zoning provide scope for renovation, rebuilding, or landbanking for future development.
What is the condition of the units and the land?
The units are well-maintained and functional, with the land being mostly level and suitable for various future uses.
Are there any existing easements, covenants, or zoning restrictions that could impact future development plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any upcoming planning or construction projects in the vicinity that could affect the property’s value or livability? What are the terms of the current leases, and are there any upcoming lease expirations or rent reviews? Are there any strata or body corporate fees, and what are the associated responsibilities and costs?

81 Raleigh Street, Coffs Harbour, NSW 2450 - More Details

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Positioned just a short stroll from the fairways of Coffs Harbour Golf Club, this rare offering places you within easy reach of the course - perfect for those who like to keep their swing sharp and their tee times close to home. Set approx 200 metres from the 12th hole, this elevated holding enjoys a sweeping outlook across manicured greens, tranquil water hazards and rolling fairways that form a picturesque backdrop.

Like a well-played round of golf, the property is all about consistency and upside. The two storey complex comprises four 2 bedroom units on the one title - two on the ground level and two above - each currently leased to long-standing, reliable tenants. Delivering steady returns today, there's clear scope to "play the long game" with cosmetic upgrades, rental adjustments or a broader repositioning strategy. All leases are on a month-to-month basis and currently sit below market value, presenting immediate opportunity to improve yield.

While the existing property is solid and functional, the real strength lies in the landholding itself. The generous, mostly level block features a spacious rear yard, the block of units and two double carports accommodating four vehicles. With R2 zoning, there's flexibility for future development (STCA), whether you choose to renovate, rebuild or landbank for the next play.

Whether you're an investor seeking reliable income, a developer eyeing future potential, or a golf enthusiast wanting to invest or live moments from the fairway, this is a rare chance to secure a premium position in a tightly held pocket.

Opportunities like this don't come around often - especially ones that offer such seamless access from front door to first tee.

Property Overview:

• Block of 4 units on one title
• 4 x 2-bedroom units
• Two-storey building (circa 1962)
• Elevated, mostly level 815.7m2 block
• Two double carports (4 car spaces)
• Electricity separately metered
• Month-to-month leases
• R2 zoning
• Approx. 200m walk to the course (12th hole)
• Council rates $10,110 pa


Disclaimer: Whilst all care has been taken to ensure accuracy of the information, no warranty can be given. Interested parties must therefore make their own independent enquiries.
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4

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