FOR SALE
$429,000

4/ 36 Sandy Beach Road
Korora NSW 2450

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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COFFS COAST BEACHFRONT INVESTMENT

Absolute beachfront investment apartment in Korora Bay, just minutes from Coffs Harbour. This large, spacious, well-appointed and fully self-contained 1 bedroom apartment is located in the award-winning Smugglers on the Beach resort complex. Offering a gross return of over $65,000 pa with consistently high occupancy rates in one of Coffs Harbour's favourite boutique resorts.
It is the ideal holiday apartment investment property or add to your investment portfolio and/ or SMSF at an entry-level price. It is also perfectly suited to regular work or lifestyle commitments on the Coffs Coast, have the perfect base to work from whilst on the Coffs Coast, and then holiday let it the rest of the time.
Features Summary
> Fully self-contained kitchen, large open plan lounge, dining area
> All furniture included.
> Air Conditioned, with its own private patio. It contains a Queen and single bed plus a fold-out so it can sleep 4 comfortably.
> Absolute beach frontage - The ideal family holiday location
> Award-winning resort, number #11 on Trip Advisors Small & Boutique Hotels in Australia!
> $65,169 gross income (22/23)
> Circa 6% plus net return
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Property Details for 4/ 36 Sandy Beach Rd, Korora

4/ 36 Sandy Beach Rd, Korora is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with CENTURY 21 Coffs Coast.

Building Type
Apartment

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About Korora 2450

The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41% of total area. The population of Korora in 2011 was 2,224 people. By 2016 the population was 2,494 showing a population growth of 12.1% in the area during that time. The predominant age group in Korora is 50-59 years. Households in Korora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Korora work in a professional occupation. In 2011, 69.8% of the homes in Korora were owner-occupied compared with 71.7% in 2016.

Korora has 1,516 properties.

    There are currently 19 properties listed for sale, and 6 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Korora.

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    Darcy Kean
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    CENTURY 21 Coffs Coast
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