$2,200,000

16 Bed  •  7 Bath  •  7 Car  •  1100m²

Main view of Homely house listing, 39 Sandy Beach Road, Korora NSW 2450
Second view of Homely house listing, 39 Sandy Beach Road, Korora NSW 2450
Third view of Homely house listing, 39 Sandy Beach Road, Korora NSW 2450
+24

Sold

39 Sandy Beach Road, Korora NSW 2450

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$2,200,000

  • 16
  • 7
  • 7
  • 1100m²

House Sold on Fri 5 Jun, 2020

What's around Sandy Beach Road

House description

“Better than Bank or Stock Market”

Welcome to the relaxed lifestyle this special property provides. The location cannot be bettered!

The aspect is unparalleled. Reject conformity and refuse compromise and become the new owner of this 'one-of-a-kind' properties on the Coffs Coast.

This investment property is currently utilised as 7 separate "apartments", renting for over $135,000 per annum. The owner's accommodation is private and spacious as are the other apartments in the complex and can be used by the owners or added to the rental pool.

The residence and accommodation apartments are strata-able to 7 apartments and it has also proven a great success as holiday accommodation.

The property sits only metres from the beach, and the guests can also enjoy the privacy of the large in ground swimming pool and outdoor BBQ and entertaining area.

All the apartments have air-conditioning and have all been painted and refurbished during the current owner's time. The repainted pool and new filtration equipment have been brought up to commercial standards to comply with all council regulations.

The location is unspoiled and this beachfront position will always be an excellent long term investment, either for future strata or complete redevelopment.

This property is close to the fast growing community of the Coffs Coast, international marina and golf course, jet airport and the university.

More importantly, not far from excellent medical and hospital facilities.

This is the most interesting beachfront property on the Mid North Coast.

Please phone Peter or Brett to arrange an inspection at any time that will suit.



Amazing Pacific Ocean and Island views
16 bedrooms, 7 bathrooms
3 x 3 bed, 3 x 2 bed and 1 x 1 bed
Excellent investment opportunity
Can be used as private residence + income
The property is strata-able STCA
Proven income as holiday/executive letting
Excellent long term investment
Profitable development opportunity
Direct beach access
Sea change beachfront location
"Coastal" interior design
Located at Korora Bay on the beach
Outdoor guest entertainment area
In ground concrete commercial pool
4 lock up garages, 3 storage sheds
180,000 litre inground water tanks
Mediterranean inspired building.

Land details

Area: 1100m²
Fourth view of Homely house listing, 39 Sandy Beach Road, Korora NSW 2450View more
Fifth view of Homely house listing, 39 Sandy Beach Road, Korora NSW 2450View more

Contact the real estate agent

Peter Stone

Real Estate of Distinction - Byron Bay

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39 Sandy Beach Road, Korora NSW 2450
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