Sapphire Beach 109/8 SOLITARY ISLANDS WAY

Look at these returns! 7% plus p/a returns can be achieved with this amazing Studio Apartment investment or lifestyle opportunity.
With its recently renovated kitchen and bathroom, the hard work has been done. A quality long term tenant is in place paying $385 p/w with an increase to $395 per week in February. The current Lease allows purchasers to decide to continue this tenancy or make other arrangements.

This quality Studio Apartment has a very large balcony that is perfect for entertaining whilst capturing the ocean breeze. It is ideally situated in an elevated location within Nautilus Beach Resort. The resort is nestled amongst 9 acres of tropical beachfront gardens, providing resort living all year round. The spectacular Sapphire Beach (5 Minutes north of Coffs Harbour) location and resort facilities cater to all desires. By day take a dip in one of the 3 pools (one solar heated all year), enjoy a game of beachfront tennis or work out in the exercise cabana on the dunes. In the evening BBQ with friends in a tropical oasis or watch the sunset with a drink from the Pandanas deck.

The apartment is fully self-contained and already furnished ready for you to just move in. Complete with kitchen, including custom stainless steel fridge, microwave, range hood and oven, ceramic cooktop and all kitchen inventory. Laundry facilities include a washing machine and dryer discreetly hidden behind mirrored bathroom doors.
Enjoy an open air barbeque in your completely private north facing courtyard. Features include security screens, air conditioning and undercover parking. The large open plan living area will more than meet your short or long term accommodation needs and leads out to the large covered courtyard for year round entertaining.

Strata fees include all electricity and water usage plus building insurance and garden maintenance, making this an economical option to other forms of accommodation. You can expect to rent it out at $410 - 430 p/wk if permanently let, or more if holiday let. Of course, you can live there on a permanent holiday yourself - there are no restrictions

Rates: $2,464 per annum
Strata Fee: $1,867.50 per quarter

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries for information relevant to them.

Property Features

• Pool
• Car Spaces 1