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Description: Positioned within the iconic Pacific Bay Resort just north of the Coffs Harbour CBD, this recently renovated two-bedroom dual key apartment (comprising two units on one title) presents both an exceptional lifestyle and investment opportunity.
Offered fully furnished and finished to a high standard, the property showcases quality upgrades throughout, including stylish furnishings that perfectly complement its relaxed coastal setting. Cleverly designed as two units on one title, the flexible floor plan allows for various income and lifestyle options.
Located privately on the second floor of the Bayside Tower, the apartment enjoys convenient lift access from both the basement parking and main lobby, with the front door just steps from the lift.
Apartment 2210 is the larger one-bedroom residence, featuring an impressive renovated kitchen, spacious living and dining area, internal laundry, generous balcony, and a beautifully updated main bathroom. Apartment 2209 is a well-appointed studio complete with its own private balcony and bathroom - ideal for guests or additional rental income.
Currently managed by one of the resort's highly regarded on-site holiday letting operators, the property is marketed as an executive apartment thanks to the quality renovations undertaken. The estimated net annual holiday return for 2209–2210 combined is approximately $53,000 after booking, cleaning and operating costs.
Flexible other options include:
Permanently rent the entire dual key property (estimated $630–$650 per week);
Live in the larger apartment (2210) while generating holiday income from the studio (2209), with the studio estimated to return approximately $23,800 net per annum;
Permanently rent 2210 (estimated $550–$580 per week) and continue holiday letting 2209 (estimated net return $23,800 per annum).
Alternatively, this could be your opportunity to secure a beautifully updated coastal apartment and embrace a relaxed, resort-style lifestyle full-time.
With pools, golf, tennis courts, headland walking tracks, stunning beaches, and an on-site bar and restaurant all at your doorstep, this is the lifestyle today's buyers are seeking - and investors are eager to secure.
Strata fees $15,948 pa
Council rates $2,456 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.
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