This outstanding holiday unit is leased to a quality short-stay holiday accommodation provider and the lucky owner is guaranteed consistent excellent rental returns, irrespective of occupancy, throughout the year. An owner living out of town would have the added bonus of being able to use this unit as their own holiday accommodation for up to three months a year (once the current lease expires).
Part of an established and well maintained complex strategically located 2km from Albany’s CBD and within easy reach of all tourist attractions, the brick and Colorbond unit is being sold fully furnished and equipped (as provided by the tenant and maintained by the tenant) and is the perfect ‘set and forget’ investment.
Inside, all furnishings and appointments are modern and in excellent order, with stylish vinyl plank flooring in the living rooms, carpeted bedrooms and smart tiling, décor and window treatments.
Glass doors lead into the open living space. At one end is the comfortable lounge with a leather sofa, TV, air conditioning and ceiling fan, then the dining area with a family setting and a full-length window adding to the sunny ambience.
At the far end is the good-sized kitchen equipped with a fridge, microwave and gas cooking as well as all cookware, crockery and utensils. The living, dining and kitchen areas enjoy lots of natural light and overlook the communal playground and barbeque area, which is a terrific spot to socialize and gather with visitors.
A hallway leads to the two double bedrooms, both with built-in robes and drawers, and one with a TV. Between them is a sizeable wet room with a walk-in shower, toilet, vanity and laundry equipment.
The unit has its own carport at the side and there’s ample visitor parking not far away at the front of the complex.
An on-site restaurant and bar open for breakfast and dinner (plus offering room service) is another fantastic convenience available to occupants, located just 55 meters away from the front door of the unit.
Part of a well-managed complex, this unit generates just over 9.2% per annum gross returns at full asking price (6.63% net) so is sure to attract a wide scope of investors recognising this rewarding opportunity with minimal owner effort.
To discuss this unique investment opportunity or to arrange an inspection, do not hesitate in contacting Lee Stonell on 0409 684 653 or lee@merrifield.com.au

What you need to know:
- Short-stay accommodation unit
- Excellent investment proposition
- Generates steady returns of just over 9.2% pa gross, 6.63% pa net
- Owners may use for up to three months a year
- Smart, well-established complex 2km from CBD
- Easy access to tourist attractions and facilities
- Brick and Colorbond construction
- Renovated kitchen and bathroom
- Fully furnished and equipped – all in excellent condition (tenant responsibility)
- Air-conditioned open lounge, dining area and kitchen
- Gas cooking, microwave, fridge, cookware, crockery and utensils
- Two double bedrooms with built-in robes
- Main bedroom with TV
- Wet room with shower, toilet, vanity and laundry equipment
- Vinyl plank flooring in main area; carpets in bedrooms
- Stylish tiling, décor, window treatments
- Front veranda
- Carport and additional parking nearby
- Onsite barbecue, undercover playground and restaurant
- City of Albay rates $1,271.63 pa
- Water Corporation Annual Service Fee $1,358.69
- Annual Strata Levies $1,769.64 (includes building insurance)