Auction 04/05/24
agency logo

19 Flynn Street, Port Macquarie NSW 2444

Apartment
964
Block size: 475 m² approx.

Luxurious Coastal Lifestyle Awaits, The Waves - Torrens Title Apartments. Unprecedented Business Growth Opportunity

Welcome to The Waves Apartments, a unique gem in Port Macquarie's real estate landscape. Nestled amidst a tranquil wildlife reserve, this property offers an oasis of coolness during the scorching summer months. You'll find it perfectly positioned, just a 2-minute stroll from the enchanting Flynn's Beach, Port's most beloved seaside destination. This coastal haven is also surrounded by a convenient array of amenities, including restaurants, cafes, grocery stores, a pastry shop, an ATM, and a chemist, ensuring you have everything within reach. And when you're ready to explore the town, it's only a few minutes away by car.

The apartments at The Waves are designed to cater to your every need, with options of 2, 3, or 4 bedrooms. These spacious units boast large living areas, dining spaces, and fully-equipped kitchens, making them ideal for families seeking comfort and convenience. Each apartment feels like a true home away from home.

For those seeking the pinnacle of luxury, our top floor features a magnificent Penthouse. This spacious retreat has a generous balcony, complete with a gas Weber BBQ, where you can soak in the coastal breeze and savour outdoor dining. Many of our guests have chosen to rent the entire property for family reunions and special occasions, as it can comfortably accommodate up to 19 people.

The 'Waves Port Macquarie' complex consists of three modern, air-conditioned apartments, each with unique charm. The ground and first floors are thoughtfully designed for lucrative holiday rentals. At the same time, the luxury penthouse offers an exceptional choice for owners who appreciate the finer things in life.

Key Features:
- Nestled against a picturesque natural reserve
- Just steps away from the family-friendly surf beach
- The Penthouse: Two bedrooms featuring raked ceilings and beautiful blackbutt floors
- Ducted air conditioning and a terrace with state-of-the-art amenities
- Ground floor: A modern three-bedroom haven with a spacious living area and two bathrooms
- First floor: A rare find with four bedrooms, perfect for holiday living, and two bathrooms
- Enhanced security with a back-to-base system, as well as independently metered power and water
- The potential to transfer future bookings and marketing materials
- Proven strong returns with room for further growth
- An excellent location, established business, and versatile possibilities

Discover the beauty and potential of The Waves Apartments your coastal dream awaits.

Property Details
Council Rates - $3,924 p/a approx
Land size - 449m2
Rental: Approximate 6% gross return. The apartments have been successfully leased as a premium holiday destination and have had over 450 positive online reviews. There are strong, proven returns with scope for further improvement.

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 include: Air Conditioning,Area Views,Built-In Wardrobes,Close to Transport,Close to Shops,Close to Schools,Ensuite,Car Parking - Surface,Creative

Inspections

No open inspections scheduled.

Send an enquiry

Contact Peter Shiplee to learn more about this property, request an inspection or take an online tour.

Auction

Saturday 4 May, 12:00pm
On Site

Key details

Bedrooms:
9
Bathrooms:
6
Garage Spaces:
4
Property type:
Apartment
Block Size:
475 *

Other Details

Lot:
13
Plan Type:
DP
Plan:
22883
Legal description:
13/22883
Elders Real Estate Port Macquarie

Maps and area information

Block information
Block size: 475 (approx)
Legal description: 13/22883
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
01 Mar 2019
Sold
McGrath Estate Agents Port Macquarie
$1,300,000
Contract: 13/12/2018
Transfer: 01/03/2019
Listed: 16/09/2017
Days on market: 453
Block size: 449m²
Transfer type: Full transfer
Purpose: Residence

Port Macquarie suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
47,693
Listing ID: 182405391. This listing has been viewed 36 times. It was first displayed on 27/03/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.