3/36 Sandy Beach RoadKorora NSW 2450
Property Details for 3/36 Sandy Beach Rd, Korora
3/36 Sandy Beach Rd, Korora is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 3300m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (June 2018)
Absolute beach front location in Korora Bay. This large 1 bedroom apartment in located in the award winning Smugglers resort complex. Offering a gross return of over $42,000 pa and consistently high occupancy rates (around 90% for past 3 years).
Great option for an investment property that can be utilised as a holiday option when wanted or for SMSF at an entry level price. Smugglers On The Beach is consistently in the top results of Tripadvisor in Coffs Harbour and has been there for the past 5 years resulting in being inducted into the Trip Adviser hall of fame.
The complex includes solar heated pool and toddlers pool, newly renovated BBQ cabana, tennis court and tropical gardens and surrounds. Located just meters from the peaceful Korora Bay with great fishing and surfing right on your door step.
The apartment is fully self contained and includes the furniture and fittings ready to let with good forward bookings already.
If your looking for a property with a great location and fantastic returns then look no further, you've found it.
Property History for 3/36 Sandy Beach Rd, Korora, NSW 2450
- 06 Apr 2018Sold for $225,000
- 25 Mar 2017Listed for Sale Not Disclosed
- 02 Nov 2016Listed for Sale $240,000
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0About 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. Over the last 5 years, Houses in Korora have seen a 54.97% increase in median value, while Units have seen a 50.78% increase. As at 31 August 2024:
- The median value for Houses in Korora is $1,037,442 while the median value for Units is $614,978.
- Houses have a median rent of $720 while Units have a median rent of $535.
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