Fantastic Flynn

$320,000

Apartment real estate, Port Macquarie NSW

Positioned on the third/top floor, this fully self-contained & fully furnished apartment is located in an exceptionally managed resort style complex directly opposite Flynn's Beach.

With the flexible option to live in for up to 3 months of the year, short term let, or benefit from the onsite holiday management income, No 301 is guaranteed to impress with its spotless light filled interior, quality inclusions, fabulous outlook and easy access to the resort attractions.

The layout offers two bedrooms with built in robes, renovated bathroom, European laundry, modern kitchen and open plan living and dining area opening onto a broad balcony. Privacy and comfort are assured with night and day blinds throughout and reverse cycle air conditioning.

It's little wonder South Pacific Apartments is a popular choice for holiday makers with an incredible outdoor heated swimming pool, children's wading pool, enormous hot tub and covered outdoor alfresco dining area including twin BBQ's, all surrounded by tropical gardens.

This location is guaranteed to put you into holiday mode with just metres to pristine coastline and a lazy stroll to trendy cafes and restaurants. A five minute drive leads into the heart of the CBD. There's so much on offer to see and do!

It's been a great little investment for the current owner, but plans have recently changed, so here is your opportunity to enjoy the best of both worlds-: income and a fun-filled beachside escape.

-Renovated and updated bathroom, kitchen and laundry
-Brand new TV and Air conditioner
-Self-contained, spotless, peaceful balcony
-Access to resort style heated swimming pool
-Children's wading pool, spa, BBQ facilities
-Walk to coastline, cafes, restaurants, shops
-Holiday stay, short term let or holiday income
-Excellent management, secure basement parking

Rates- $2,000 pa circa
Strata- $2,300 qtr circa

More Information

Property Overview

Category: Apartment
Details: 2 1 1
Price: $320,000
Area: 0m2

Property Features

Furnished
Balcony
Air Conditioned
Spa

Investment Information

Gross Return: $ 40300
_{How much does the property return in rent per year.}

Net Return: $ 10000
_{How much does the property return after all management expenses are deducted.}

Yield: 12.59%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 9200

Rates PA: $ 2000

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}