225/61B Dowling Street, Nelson Bay NSW 2315

Unit in resort complex | 2-bed holiday layout | near marina & beaches | resort letting pool option This unit presents a competitively priced, low-maintenance entry into a high-demand holiday rental market. Its position within a secure resort complex near core Nelson Bay amenities creates a turnkey proposition, serving investors seeking yield through the letting pool or lifestyle buyers wanting a personal coastal retreat. The functional layout and resort facilities align directly with visitor expectations, supporting strong occupancy. The primary risk is the lack of capital growth certainty, evidenced by the volatile sale history and a current value estimate below the 2023 purchase price. This costs the buyer in immediate equity. The opportunity is the commercial logic of the estimated 6.39% yield, leveraging professional management. Hold this strictly as a yield-focused investment; its utility as a pure capital growth property is unproven. Recent comparable sale: – This property itself sold for $401,000 in September 2023 (private treaty). This prior sale establishes a recent benchmark, indicating the current mid-estimate of $400k aligns with historical market appetite for the unit.