2/36 Sandy Beach RoadKorora NSW 2450
Property Details for 2/36 Sandy Beach Rd, Korora
2/36 Sandy Beach Rd, Korora is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 3258m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (December 2018)
This spacious 1 bedroom apartment offers an absolute beachfront location in a boutique resort in the exclusive suburb of Korora. Note only 30 paces to the sand.
It's located almost on the beach at Korora Bay with its renowned crowd free beach & so peaceful.
The complex Smugglers On The Beach is award winning with sensational returns and occupancy. Excellent comments on Tripadvisor website ensures constant new visitors & strong returns on each investment unit.
-Gross return of over $40,000 PA.
-Consistently high occupancy rates over 92% for past 2 years.
-It has returned a Nett of 5- 6% under the current management team with their experience in resort management and holiday letting.
-The Nett return is all inclusive of strata, rates, power, water, cleans, linen, every cost associated with your investment.
The resort has a solar heated pool & toddlers pool for the kids, Bbq cabana, tennis court & beautiful tropical gardens and manicured lawns.
It's an established holiday let in a fully managed complex with professional management on site so your investment is looked after all year round.
The apartment is fully self-contained with up to date fixtures, fittings and furniture and is consistently holiday let with plenty of forward bookings in place.
If you want a great location & proven income stream with fantastic, consistant occupancy rates with repeat clientele then this property needs to be considered.
Why not holiday each year here yourself, enjoy your holiday whenever you like and leave the rest up to the experienced management team.
Perfect for SMSF, a painless & proven investment.
Buy it & forget about it.
Low risk no matter which way you look at it.
A consistently popular, performing, investment property.
Strata fees $5500 PA app. Rates $1892 PA app
Property History for 2/36 Sandy Beach Rd, Korora, NSW 2450
- 28 Sep 2022Sold for $355,000
- 02 Oct 2018Sold for $238,000
- 16 Sep 2017Listed for Sale Not Disclosed
Recent sales nearby
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About Korora 2450
The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41.0% of total area. The population of Korora in 2016 was 2488 people. By 2021 the population was 2740 showing a population growth of 10.1% in the area during that time. The predominant age group in Korora is 60-69 years. Households in Korora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Korora work in a professional occupation.In 2021, 76.10% of the homes in Korora were owner-occupied compared with 71.70% in 2016.
Korora has 1,522 properties. Over the last 5 years, Houses in Korora have seen a 29.13% increase in median value, while Units have seen a 61.33% increase. As at 30 April 2026:
- The median value for Houses in Korora is $1,152,516 while the median value for Units is $722,673.
- Houses have a median rent of $750 while Units have a median rent of $540.
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