7/3 Yacaaba Street, Nelson Bay NSW 2315

Prime central Nelson Bay position | generous 111sqm floorplan | dual bathroom layout | furnished coastal apartment This property’s competitive advantage lies in its uncommon combination of size, configuration, and location. At 111 square metres internal with two bathrooms, it offers a floorplan that exceeds most two-bedroom apartments in the town centre, giving buyers genuine space rather than compact living. The central positioning within walking distance to shops, dining, and waterfront creates strong lifestyle appeal for downsizers or holiday buyers seeking low-maintenance occupancy. Being furnished and built in 2003 also reduces immediate setup costs and suggests the property has been maintained as a coastal retreat rather than a pure rental unit. The primary risk involves strata obligations, which can erode net returns for investors and add ongoing costs for owner-occupiers. Buyers should review the owners corporation financials and any upcoming special levies before proceeding. The absence of bushfire, flood, or heritage overlays reduces environmental risk, while the NBN and 5G connectivity support modern living needs. For investors, the estimated rental midpoint of $665 per week should be stress-tested against actual strata fees and insurance to confirm yield viability in a tourism-driven market.