6/113 Patsys Flat Road

Smiths Lake NSW 2428

Lifestyle - Unrivaled in location and vista, this is an impressive East facing waterfront Bungalow, ideally positioned and privately screened in a quiet block of seven. Set on almost 4 acres of waterfront grounds and amongst other owner owned bungalows, this inviting Bungalow boasts waterfront views over the Lake to Sandbar Beach and the Ocean, resplendent with a gently undulating foreshore walkway at the bottom of the garden.
The property is nestled in an idyllic location between the ocean and lakes on Sandy Beach, Smiths Lake in the Pacific Palms region of Australia's holiday coast is just two and a half hours north of Sydney.
Pacific Palms is a stunning part of the NSW mid north coast known for it's surfing beaches, swimming, warm weather and natural undeveloped surrounds. With Boomerang Beach, Blueys Beach, Elizabeth Beach and seven beaches in the area to choose from it is an ideal beach holiday destination.
A five minutes drive takes you to Blueys Beach and Boomerang Beach ideal for surfing and beach fishing, Sandbar, Celito beaches, swimming at Elizabeth Beach, Shelly (naturalist beach) and Seven Mile Beach is on the way to Forster, only a short 15 minutes drive away.
The two Lakes to choose from are Smiths and Wallis and surrounded by the palm forests of Booti Booti national Park.
The resort style property has a boat launching ramp, tennis court and large lawned grounds to the Sand Beach waterfront.
This property comes under the old rules as council has the properties listed as residential units.
This means it is flexible to use for permanent rental, holiday rental, permanent living or private holiday use.
Accommodation - This waterfront property is a holiday maker's nirvana, with an expansive open plan living-dining area filled with natural light courtesy of the wall of windows opening out on to a striking entertaining deck and garden hideaway. Completing the single level of this property is a modern kitchen with extensive bench space, including a tile stone-topped island and well placed skylight, modern bathroom and two sizable, carpeted bedrooms. The main offers a spacious master bedroom with a funky shelved robe, ceiling fan and leafy garden outlook. Bedroom two is also a double with plenty of natural light and a wall fan. The recently renovated modern bathroom comes complete with new fixtures, is light and bright and boasts a curved glass block shower.
Features - The property features modern ceramic tiled flooring running throughout the living, kitchen and bathroom areas and comes complete with included furnishings. One titled and one exclusive use car spaces make up the two car accommodation and boat storage is available on site.
Moments from the cafes of Blueys Beach, Smiths Lake and Forster and the sandy shores of the famous Pacific Palms Beaches of Blueys, Boomerang, Elizabeth, Shelly and Seven Mile and fifteen minutes drive to the holiday shopping mecca of Forster, this stunning property and location offers the peace and tranquility of waterfront holiday living right in the heart of the beach and surf action of the mid north coast.
Affordable $335,000.00
(1) The rentals are returning over 8% on it's current price (around $27,000.00 per year gross, ie averages out to over $500. per week )
(2) Has regular return clients and a great reputation for referrals.
(3) The property comes fully furnished and set up with forward bookings into the year.
(4) Unique stunning waterfront location and close to the famous Pacific Palms Beaches
(5) There is good capital growth in the area's real estate
(6) You get to use the Bungalow when not booked or book yourself in when ever you want.
(7) Self manage with little overheads or use a local agent.
(8) Flexibility to holiday let, permanently let, live in or use just for yourselves.
(9) The Permanent rental option would be around $330. per week
(10) I'm willing to show the new owners how to easily remotely self manage the property holiday rentals from your home away from Pacific Palms (I live in Sydney and have remotely managed this and my other property for over 11 years)
This property is fully Self Contained with
2 Bedrooms,
1 Bathroom,
Full size Kitchen/Dining, Lounge room with a large view Terrace overlooking the water to Sandbar Beach & the Ocean.
Included are two car parking spaces and the property is selling fully furnished with on going holiday rental bookings and established web site.
This property has proven very popular year round with Proven positive high holiday rental Returns for over 12 years.
The property is strata managed, can be permanent living or full time rental, holiday rental or just for private use. Strata Fees are $1127. per quarter including building and public liability insurance, water and on site caretaker.
The best way to own a low maintenance, self contained Beach holiday property and have a positive rental return on your investment with proven high returns for the past 11 years.