OFF MARKET

230/29 Claret Ash Drive
Pokolbin NSW 2320

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
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Property Details for 230/29 Claret Ash Dr, Pokolbin

230/29 Claret Ash Dr, Pokolbin is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a floor size of 95m2.

Building Type
Unit
Year Built
2001
Floor Size
95m2
Local Government
Cessnock

Last Listing description (September 2020)

PLEASE NOTE: These apartments are Resort Zoned and do not allow permanent residential occupancy.

Rarely available due to their excellent location and history of proven, strong returns, Grand Mercure Apartments at The Vintage in the heart of the beautiful Hunter Valley offers a complete resort experience.


Designed by award winning architects, the Grand Mercure Apartment complex consists of 44 stylish, one and two bedroom resort apartments set around their own pool, spa and BBQ area.

This well considered development is centrally located within The Vintage and is just a short stroll to the Greg Norman designed, 18-hole championship Golf Course, The Clubhouse, Leisure facilities and the Chateau Elan Destination Spa. It is also a level stroll to the new Pavilions Entertainment and Commercial precinct which, when constructed, will offer every convenience of the resort at your doorstep.

Apartment 230 presents an exceptional opportunity to become part of the Accor hotels continuous and extremely effective marketing. The Accor Hotel Group is one of the worlds largest groups in travel, tourism and corporate services. With a professional, on-site, 7-day management team working for you, you can reap the benefits whilst still having the availability of 28 days owner usage per annum*

Bringing the outside in with its large raked ceilings and windows, this fully furnished** and equipped, two-bedroom apartment offers elevated living with distant golf views from the two separate terraces to the 6th Fairway together with tree-filtered views to the 2nd golf hole.

Not only does each double bedroom have its own ensuite bathroom, the apartment is also equipped with a kitchen, internal laundry, an open fireplace, separate space for a small study desk PLUS a lock-up garage, a registered parking space and its own golf buggy garage. What a find!!!

Yes, we have left the best part until the end. POSITIVE RETURNS. On figures supplied by the management company and the current owner, the returns (after all management costs, rates, utilities and associated expenses are taken into account), are approx. 5% NET*** before tax (based on the asking price, nil owner usage and excluding any borrowing costs).

Due to the high occupancy rates in these apartments, a prior appointment to inspect is essential.
PLEASE NOTE: Inspection available with a minimum 24 hours notice, and subject to completion of a Covid19 Declaration Form available from our office.

Property History for 230/29 Claret Ash Dr, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
  • 23 Feb 2020
    Listed for Sale Contact Agent

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About Pokolbin 2320

The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.

Pokolbin has 1,597 properties. Over the last 5 years, Houses in Pokolbin have seen a 104.11% increase in median value, while Units have seen a 70.46% increase. As at 31 October 2024:

  • The median value for Houses in Pokolbin is $1,180,011 while the median value for Units is $449,949.
  • Houses have a median rent of $650.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Pokolbin.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.