This outstanding short-stay unit offers investors a low risk, set-and-forget opportunity within Albany’s prime tourist precinct, and owners living out of town will have the added bonus of their own holiday accommodation for up to three months a year.
Part of a quality, established complex strategically located 2km from the main street in Albany and within easy reach of all attractions, the brick veneer and Colorbond unit is being sold with a lease in place to a reputable short stay holiday accommodation provider that guarantees returns, irrespective of occupancy.
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 and adjacent to this is the dining area with a family setting. Flowing on from here is the good-sized kitchen equipped with a fridge, microwave and gas and electric cooking options, as well as all cookware, crockery and utensils. A hallway leads to the two double bedrooms, both with built-in robes and one with a TV, ceiling fan, built-in desk with drawers and a mirror above. Nearby is a sizeable wet room with a walk-in shower, toilet, vanity and laundry facilities.
The units enjoy lots of natural light and is located conveniently close to the communal playground and barbeque area, which is a terrific spot to socialize and gather with visitors.
With its own carport at the side, there’s also ample visitor parking not far away at the front of the resort.
An on-site restaurant and bar open for breakfast and dinner (plus offering room service) is another fantastic convenience available to occupants, located just 35 meters away from the front door of the unit.
Part of a well-managed complex, this unit generates guaranteed net returns of over 5% per annum 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, Tourism zoning
- Excellent investment proposition
- Generates steady returns of at least 5% pa net (guaranteed)
- Owners may use for up to three months a year
- Smart, well-established complex 2km from CBD
- Fully set up and equipped for guests – in excellent condition
- Easy access to tourist attractions and facilities
- Brick veneer and Colorbond construction
- Renovated kitchen and bathroom
- Air-conditioned open lounge, dining area and kitchen
- Gas & electric cooking, microwave, fridge, cookware, crockery and utensils
- One double bedroom with built-in robes, the other a twin bedroom with built-in robes
- Main bedroom with TV, ceiling fan and built in desk/vanity
- Wet room with shower, toilet, vanity and laundry facilities
- Vinyl plank flooring in main area; carpets in bedrooms
- Stylish tiling, décor, window treatments
- Front veranda with outdoor setting
- Carport and additional parking nearby
- Onsite barbecue, undercover playground and restaurant
- City of Albay rates $1,383.00 pa
- Water Corporation Annual Service Fee $ 1,427.51 pa
- Strata Levies $2,339.64 pa (includes building insurance)
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/11256/listing/21423992/Inspection-Pack_c586-2b94-dead-191f-e237-b214-9b1c-0dec_20241014051725.pdf