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202/63 Ocean Parade

Coffs Harbour NSW 2450

1
1
1
68 m²
82 m²
Apartment
Currently for sale - view listing

Overview

Beachfront Investment with Holiday Letting Appeal

Positioned directly opposite the sand at Park Beach, this beautifully refreshed one-bedroom apartment in the popular Sandcastles complex presents an outstanding opportunity for investors seeking strong lifestyle appeal with flexible income potential. Whether you are looking for a holiday let, a long-term rental, or a coastal weekender that can generate returns when not in use, this property ticks all the right boxes. Set in one of Coffs Harbour’s most recognised beachfront locations, the unit has been recently renovated and is offered fully furnished and equipped, making it ready to capitalise on from day one. Its prime tourist location, combined with resort-style facilities and walk-everywhere convenience, makes it an attractive option for short-stay guests and long-term tenants alike. • Absolute beachfront position directly across from Park Beach, literally 20 metres from your doorstep! • Strong appeal for holiday letting investors with Airbnb permitted • Estimated gross holiday letting return of approximately $31,000 per annum • Sold fully furnished and equipped with updated appliances, washer and dryer • Resort-style complex with heated pool, spa, sun deck, BBQ area and secure basement parking • Air-conditioning, quality finishes and CrimSafe window screens for added comfort and security • Walk to cafés, clubs, the beach and the vibrant Ocean Parade precinct. With Park Beach, the Hoey Moey, Bowling Club and local dining all just moments away, this is the kind of location that consistently appeals to holidaymakers and lifestyle-focused tenants. Affordable, well-presented and positioned in a tightly held coastal pocket, this is a smart investment opportunity with both immediate usability and income-producing potential. Council Rates: $2,604 pa (approx.) Rental Estimate: $390 - $420 pw Potential Holiday Letting Gross Income: $31,000 pa. Strata Fees: $7,200 pa (approx.) Land Size: 82 sqm (approx.) Zoning: R1 DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
68 m² floor area
82 m² lot size
Apartment

Property history for 202/63 Ocean Parade

2022
Sold
$305,000
Private Sale/Treaty on 20 Dec 2022 by Gurk Singh, of Lifestyle Coffs Harbour
2019
Sold
$189,000
28 Apr 2019 by Gurk Singh, of Lifestyle Coffs Harbour

Happy sellers in Coffs Harbour

89%
89% of sellers in Coffs Harbour reported that their sale price either exceeded or met their price expectations.

Coffs Harbour stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 226 reviews in Coffs Harbour over the last 12 months.

Local market activity for 1 bedroom apartments in Coffs Harbour

In the last 12 months, 6 one-bedroom apartments similar to 202/63 Ocean Parade, have been sold.

This represents a 200% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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