The Observatory Self-Contained Apartments

HTL Property is pleased to exclusively present for sale The Observatory Self- Contained Apartments Coffs Harbour on the NSW North Coast.

Key Investment Highlights

• 16 freehold, self-contained apartments; 12 two-bedroom and 4 studios
• 6 three-bedroom, strata-titled dwellings, including manager’s residence (4 privately owned, 2 vendor owned)
• Ideally located in the Jetty precinct of Coffs Harbour within walking distance to the Harbour and world class beaches
• 2,322sqm landholding with triple frontage and wonderful ocean views
• $1.50m Gross Profit and c. $580k adjusted NOP in FYE 2023
• Number 1 regional NSW tourist destination with over 12.4 million visitors (Jun23)
• Capitalise on the prime coastal location and booming tourism market