Coffs Harbour, New South Wales

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

OFFERS ABOVE $2.5M

Business Description

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, cafés, 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: $135,884 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

Business Summary

Marketing Agent

James Carrick

0498 95....

Robert Urquhart

0498 96....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Adjusted net profit of $135,884 for 2025/26 provides an established income base.
2. Six well maintained, self contained two bedroom apartments offer a diversified accommodation asset.
3. Approximately 1,100sqm of land creates potential for future development, subject to council approval.
4. Strata title provides flexibility to retain, sell apartments individually or reposition the complex over time.
5. Currently permanently let through an established local agency, providing immediate holding income.
6. Existing swimming pool and established improvements support the property’s current accommodation offering.
7. Short walk to Park Beach, cafés, restaurants, shopping and major tourist attractions.
8. Located minutes from Park Beach Plaza, the Jetty Foreshore, Marina and the Big Banana.
9. Potential to convert to short term holiday letting and improve income through active management, subject to owner requirements.
10. Potential to add an additional building level, subject to council approval.
11. Multiple exit strategies include individual apartment sales or retaining whole of asset ownership.
12. Appeals to investors, developers, tourism operators and accommodation groups seeking a scalable coastal asset.