1217-1218/2 Pacific Bay Resort, Resort Drive, Coffs Harbour NSW 2450

Its all about position with these great properties, and 1217-1218 has the bonus of elevation as well as level access from the carpark. Easy to get to with your shopping bags, golf clubs and suitcases! The location is also picturesque as it overlooks the lagoon and golf course, so take a seat on the balcony and think about what to do next. A dip in the pool just over there, or nine holes then a cocktail at Charlies? Maybe a workout in the gym, followed by a spa?

Representing great value for money, this highly motivated vendor offers her beachside holiday apartment for sale at a new very realistic price. And together with all the leisure activities mentioned above, this is almost too good to be true.

The property comprises two adjacent units and is offered fully furnished and equipped. This is the perfect opportunity to purchase a great investment, or a perfect downsizer in beautiful surroundings. It is currently under lease with the resort management until 31st March 2014, but could then be available after that date with vacant possession if required. The current rent achieved with resort management is approx $1250 per month, however after 31st March the property could be permanently rented or lived in. Permanent rent achievable would be up to $550 per week (i.e. 1217 rent achievable $220 per week; 1218 rent achievable $330 per week). Alternatively one of the two units could be rented, and you as owner could keep the other unit for your own use. Or keep the property in the resort rental pool under a new lease from 1st April, earn a guaranteed income, and use the property for your holidays when needed (up to 4 weeks free use per year). There are plenty of options here!

With two apartments rolled into one, the property comprises a one bedroom apartment (1218) and a separate one bedroom motel style unit (1217). The apartment features a king sized bedroom, spacious living/dining room, a modern and functional kitchen, internal laundry and spa bathroom. The king sized motel unit features a separate bathroom and kitchenette facilities. Both units are air conditioned, enjoy satellite television coverage and open out onto their balconies with lagoon frontage and golf course views.

Competitively priced with the vendor motivated to sell, this property is a must for anyone serious about a healthy holiday investment on the beautiful mid North Coast.