189/265 Sandy Point Road, Salamander Bay NSW 2317

Resort complex holding costs | dual-key income risk | swim-out pool premium | strata governance exposure This property carries two structural costs that directly compress net yield: the quarterly strata levy of $4,036 and the resort’s operational governance, which can adjust common property fees without owner veto. The dual-key layout offsets this by generating two independent rental streams from a single title, and the swim-out pool access is a rare differentiator in this price band. You should hold this unit as a cash-flow diversified holiday rental, not as a primary residence. The competitive strength lies in the 167m² footprint and direct deck-to-pool configuration, making it one of the largest and most amenity-accessible units in the Oaks Pacific Blue complex. This appeals best to buyers seeking a turnkey income property with proven seasonal demand, rather than capital growth speculation. Given the March 2024 sale at $657,500 and current listing at $679,000, the implied 3.2% buyer upside from market evidence supports disciplined negotiation within that band. Your next step is to request a five-year strata meeting minutes and a three-year rental ledger to verify the reported $34,000 net income against actual non-resident owner performance.