Sold by Caroline 0402 889 441
2207-2208 Pacific Bay, Coffs Harbour
The clever owner of this single level apartment has transformed his property into something special. This is single level, downsized living at its best. Positioned on an end corner on the second floor of the Hillside tower block at Pacific Bay, the new renovation provides a smart yet relaxed lifestyle with crisp beachy interiors including a new state-of-the-art kitchen.
Presented over a dual key floor plan with two units on the one title, the reluctant owner is selling the property fully furnished so the opportunities are varied.
Firstly, it would be a great place to live. With the resort lifestyle on the doorstep (pools, golf, tennis, beauty salon, hairdresser restaurant/cocktail bar and beaches) it is almost too good to resist. And not a cent needs to be spent on the apartment as the quality of the finishes is excellent.
Secondly, as an investment, the potential return is extremely attractive. Each unit could be separately rented, for example 2208 (one bedroom unit) could achieve a permanent rent of $370 per week and 2207 (one bedroom studio) could be separately holiday rented with an estimated $190+ per week achievable.
The apartment features 2 units on one title which include overall 2 bedrooms, 2 bathrooms, 2 balconies, internal laundry, kitchen, living/dining area, air conditioning, and furniture. 2207 is the studio with with large bedroom, balcony, bar fridge, tea and coffee making facilities and bathroom. 2208 is the one bedroom unit and features bedroom, living/dining room, kitchen, laundry, and balcony.
This apartment needs to be seen to be believed. A first-rate renovation and no maintenance will generate strong interest from buyers keen to invest in this enviable resort lifestyle.
Council Rates: $2,028.18 per year
Strata Fees: $8,100 per year