Beachside Accommodation Complex | Six Apartments | Development Potential (STCA) - 2904MF

FREEHOLD APARTMENTS/MOTEL

• Rare beachside accommodation and development opportunity in the tightly held Park Beach precinct.

• Comprising six (6) well-maintained, self-contained two-bedroom apartments.

• Situated on a substantial landholding of approximately 1,100sqm.

• Strata titled complex providing flexibility to retain, sell individually or reposition over time.

• Currently permanently let via an established local agency, generating immediate holding income.

• Swimming pool and established improvements in place.

• Short walk to Park Beach, cafs, restaurants, shopping facilities and major tourist attractions.

• Minutes from Park Beach Plaza, the Jetty Foreshore, Marina and the iconic Big Banana.

• Significant upside through conversion to a short-term holiday letting model, subject to owner requirements.

• Opportunity to improve income and net profitability through active management and repositioning.

• Future development potential (STCA) supported by the generous site area.

• Existing building structure may provide the ability to add an additional level (STCA).

• Multiple exit strategies available, including individual apartment sales or whole-of-asset ownership.

• Exposure to the continued growth of the Coffs Harbour tourism, lifestyle and accommodation market.

• Ideal for investors, developers, tourism operators and value-add accommodation groups seeking a scalable coastal asset.

An exceptional opportunity combining immediate income, strata flexibility, holiday letting upside and long-term development potential in one of regional NSW's most desirable coastal destinations.

Adjusted Net Profit: $137,864 for 2025/26

Contact James Carrick or Rob Urquhart from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2904MF (quote when enquiring)

Property Code: 5469