Beachside resort property with 5.5% net return!

The owner of this great Aanuka property can sit back and enjoy the very healthy return during the year, but when the need arrives for a well-earned break, the apartment and Aanuka's excellent facilities and location are yours for enjoyment.

Look forward to happy hour on the Aanuka lawn in the late afternoon in front of one of the comforting fire pits, while enjoying a drink of your choice overlooking beautiful Diggers Beach. The more energetic guests can grab a tennis racquet and have a hit, or take on the family at putt-putt or volleyball, before cooling off in one of the pools or in the surf. The regional cuisine can be enjoyed daily at lunch or dinner in the open resort restaurant while soaking up the coastal vista.

This is an excellent opportunity for buyers keen to invest with their super fund, or investors across the board looking for a great return. Currently managed by Aanuka, the apartment looks after itself while the owner enjoys the income. Please note, this property cannot be owner occupied or permanently rented – short term rental permitted only.

Offered fully furnished and equipped, with a delightful Balinese-style ambience, the apartment is perfectly positioned amongst the peace and quiet of tropical gardens. All living/entertaining/sleeping can be done on the one level, with the large open kitchen/dining and entertaining area great for the holiday lifestyle. The two bedrooms ...


CONTACT

Caroline Campbell
Director | Licensed Agent

ccampbell@fncoffs.com
0402 889 441

... on the main level are spacious with the master bedroom featuring its own private undercover deck and ensuite. The front undercover deck at entry is perfect for the morning cup of tea, with its sunny northern aspect. Downstairs there is a separate studio with bedroom, bathroom, private deck and its own access out to the Aanuka grounds. Total floor area of 57-57a is 172m2.

The returns are healthy. With a gross income to the end of June 2021 estimated at $46,268, the net return will equate to 5.5% after the property's outgoings are accounted for.

The resort's location on the beachfront at Diggers Beach is second-to-none, where sunrises, sunsets and everyday bathing/fishing are a given. All Aanuka's excellent facilities are on the doorstep including restaurant/bar, swimming pools (indoor and outdoor), tennis courts, gym, volleyball, putt-putt and Aanuka's excellent day spa. The resort is located only 5 mins north of Coffs and is very popular with locals, holidaymakers, and wedding & conference organisers.

  • Close to Shops
  • Close to beaches
  • Outdoor Entertaining area