5/8 Bent Street, Yamba NSW 2464

Watermark complex | direct Clarence River panorama | boutique 7-unit owner-occupied block | holiday let with STRA approval | oversized storage for coastal gear The property occupies a rare position in Yamba’s tightly held prestige market, being one of only seven units in a fully owner-occupied building with direct river frontage. The floor plan delivers genuine indoor-outdoor living across 210 square metres, with both the living area and master bedroom opening onto the same large balcony—a configuration that maximises the water views and makes the unit feel larger than its strata title suggests. For a buyer seeking a lock-and-leave holiday home that can generate income when unused, the existing STRA approval and fully furnished setup remove the usual transition costs. The oversized storage and two secure car spaces are practical advantages that holiday apartments in this price bracket often lack, particularly for owners who bring surfboards or bicycles. The principal risk is the strata arrangement in a small block: any major capital works will be shared among only seven owners, and the building’s age means sinking fund condition should be verified before exchange. The owner-occupied profile limits rental supply in the complex, which supports capital stability but also means fewer recent sales to benchmark against. The holiday let returns will depend on management quality and occupancy rates in a market where short-term accommodation supply has grown. A buyer should treat this as a lifestyle property first, with rental income as a secondary benefit—holding it as a personal retreat with occasional letting is the prudent commercial logic.