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Description: This two bedroom, dual key, property is being offered fully furnished and features a clever floor plan with two units on the one title. Located at the iconic Pacific Bay Resort, just north of the Coffs CBD, the uses for this property are flexible. It offers great potential, as well as an attractive investment opportunity and/or a great owner-occupied lifestyle.
The location is convenient, being on the ground floor of the Terraces building, and the property enjoys a scenic position overlooking the lagoon and golf course.
1120 is the larger unit with private bedroom, kitchen, laundry, generous living/dining, large terrace and spa bathroom. 1119 is a self-contained studio with bathroom and terrace.
The property currently has an excellent long term tenant in situ who rents the property as a whole (current rent $600 per week - periodic lease). Other options include short term holiday management of each unit by one of the on-site holiday letting companies. Alternatively, an owner-occupier could live in 1120 (the larger unit) and then holiday-let the studio to cover outgoings. Or, finally, just down tools, move into this beautiful two bedroom apartment, and enjoy a very comfortable and relaxing lifestyle.
With pools, golf, tennis, headland walks, beautiful beaches and bar/restaurant all on the doorstep, this is an appealing opportunity for buyers across the board. This apartment needs to be seen to be appreciated. At a great price point and with no maintenance involved with upkeep, the potential to put your stamp on the property and make it your own will generate strong interest from buyers keen to invest in this enviable resort lifestyle.
Strata fees $16,395 pa approx
Council rates $2,517 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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