Real Estate Australia

Set & Forget - Strong 7% Net Return in Prime Resort Location...
$560,000

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Property Location: 2409 & 2410/2 Resort Drive Coffs Harbour - COFFS HARBOUR - NSW

Listing Id: ResortDr2409_2410  

Details

Bedrooms: 2    Bathrooms: 2

Description: Located in the sought-after Pacific Bay Resort, this dual key apartment (Units 2409 & 2410) is the perfect mix of lifestyle and investment. The setup includes two apartments - a spacious one-bedroom with full kitchen & lounge room; plus a separate studio / hotel room - each with its own entrance and private balcony. Use one, rent the other, lease both, or keep one for family holidays. The flexibility makes it a smart option for a variety of buyers. Currently managed onsite, the property is showing strong income figures with a net return of approx. $39,265 per year after management fees, strata & council expenses. That's a return of around 7.01%, with the bonus of personal use and long-term capital growth in a popular coastal location. Owners and guests enjoy full access to the resort's impressive range of facilities, including multiple swimming pools, tennis courts, a 9-hole golf course, day spa, restaurant, bar, direct beach access, and scenic walking trails throughout the beautifully maintained grounds. Just 8km from the airport and 4.5km to Coffs Harbour's vibrant town centre, this is a low-fuss, high-appeal property that ticks all the boxes for lifestyle and return. Whether you're after a set-and-forget investment, a holiday apartment with income, or a combination of both - this one is worth a closer look. Gross Rental Return: $132,512 p.a (before expenses) * Dual key layout offering two self-contained apartments * Private balconies with tranquil resort outlooks * Flexible use: live in one, rent the other, or lease both * Strong net return with professional onsite management * Access to full resort facilities and beachfront lifestyle * Close to Coffs Harbour Airport, major shopping, schools, and dining options Rates: $2,374pa (approx.)- Strata: $15,945.80pa (approx.)

Set & Forget - Strong 7% Net Return in Prime Resort Location...
$560,000

Contact The Edge Coffs Harbour Today!!!

Contact Tom Sullivan
Phone 0400 446 332

Property ID:ResortDr2409_2410