OFF MARKET

2 Lakeside Crescent
Elizabeth Beach NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11080m2
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Property Details for 2 Lakeside Cres, Elizabeth Beach

Building Type
Commercial
Land Size
11080m2
Local Government
Mid-Coast
Lot/Plan
1/DP700145

Last Listing description (September 2024)

UNDER TRUSTEE INSTRUCTIONS - ENTIRE FREEHOLD RESORT

Pacific Palms Resort is well located in the mid North coast of New South Wales, only a six minute walk to the beautiful, secluded and safe Elizabeth Beach, patrolled by the SLSC. The subject property is approximately 150 km to the domestic airport at Newcastle and 330 km to the international Sydney airport. The property is only a very short stroll to the waterfront Pacific Palms Recreation Club, also known as the "Recky" which is a family entertainment, food and beverage establishment. The surrounding area includes many more beaches, rocky headlands, lakes, national parks and walking trails, very popular with surfers, fisherman and trail walkers.

The newly refurbished, award winning villas are fully self-contained, with large balconies for relaxing at the end of the day. As well as a BBQ area, gymnasium, pool, sauna and tennis court, the resort offers an exciting activities program or hire a bicycle and soak in the local atmosphere of Elizabeth Beach.

The resort consists of 27 x 1, 2 and 3 bedroom holiday cottage style units, reception/mangers residence, clubhouse and resort facilities.

The site attributes include:
27 Holiday Units (1, 2 & 3 bedrooms)
Land area of 11,100sqm, Zoned R2 - Low Density Residential
Pending Development Approval for 3 Lot Subdivision & 20 Lot Strata Subdivision
Includes tennis court, gym, BBQ areas, playground, sauna, pools etc

Under instructions from Simon Thorn and Bradley Tonks of PKF as Trustees for Sale.

Expressions of Interest close: 4:00pm Wednesday 10th July 2024

Contact the Exclusive Agent for a detailed Information Memorandum:
LACHLAN HARRIS
P: 07 5539 0360
E: lharris@theavantigroup.com.au

To organise an inspection contact:
Dominique Vasers
P: 0437 140 479
E: Dvasers@strategicstrataconsult.com

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Property History for 2 Lakeside Cres, Elizabeth Beach, NSW 2428

A timeline of how this property has performed in the market
Last Sold
03 Mar 2023
Listed for Rent
$999/w
23 Nov 2016
  • 03 Jun 2024
    Listed for Sale Expressions of Interest Closing 10th July 2024
  • 03 Mar 2023
    Sold
  • 12 Apr 2020
    Sold
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About Elizabeth Beach 2428

The size of Elizabeth Beach is approximately 1.6 square kilometres. It has 2 parks covering nearly 106.6% of total area. The population of Elizabeth Beach in 2011 was 234 people. By 2016 the population was 214 showing a population decline of 8.5% in the area during that time. The predominant age group in Elizabeth Beach is 60-69 years. Households in Elizabeth Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elizabeth Beach work in a professional occupation. In 2011, 69.9% of the homes in Elizabeth Beach were owner-occupied compared with 71.1% in 2016.

Elizabeth Beach has 259 properties. Over the last 5 years, Houses in Elizabeth Beach have seen a 76.12% increase in median value, while Units have seen a 52.42% increase. As at 30 September 2024:

  • The median value for Houses in Elizabeth Beach is $975,065 while the median value for Units is $860,734.
There are currently 2 properties listed for sale, and no properties listed for rent in Elizabeth beach on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Elizabeth beach.

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