Astute investors will appreciate the excellent value, convenience and guaranteed set returns offered by this neat and tidy short-stay unit in the heart of Albany’s thriving tourist precinct.
Zoned for Short Term Accommodation, this 1996-built brick veneer and Colorbond unit is part of a well-managed, established complex just 2km from the CBD and within easy reach of beaches, cafés, shops, and local attractions.
Immaculately presented and offered with a tenancy in place that supplies all the furniture, appliances and other household items necessary to make a guest’s stay very comfortable, this unit will generate an immediate income for the new owner. Everything is already in place for the perfect set and forget investment – from cutlery to cookware – so there is nothing to be done, and the tasteful furnishings, modern appointments and updated décor all contribute to its warm, welcoming ambience.
Inside, the layout is simple yet highly functional. At the front is a light-filled open plan living area with reverse-cycle air conditioning, comprising a lounge, dining zone, and compact but well-equipped kitchen with a gas cooktop, fridge, microwave and full set of utensils.
Two carpeted double bedrooms both feature built-in robes and desk, and a modernised wet room includes a walk-in shower, toilet, vanity and a discrete under-bench washer and dryer.
A carport is located right beside the unit, with visitor parking nearby. The front veranda is a sunny spot to relax, while the communal playground and undercover barbecue area offer fantastic shared amenities for guests. Adding further value is the on-site restaurant and bar just metres away, open for breakfast and dinner, with room service available.
The existing short-stay operator, Quality Apartments Banksia Albany, has recently been recognized by the Albany Chamber of Commerce & Industry as the winner of the 2025 Excellence in Tourism Award and the Great Southern Business of the Year (second year running). With such peace of mind about who is managing the bookings and looking after the guests, plus knowing Albany’s tourist accommodation is in high demand, this low-maintenance investment opportunity with consistent returns of nearly 6% (net) is not to be overlooked.
To obtain further information and discuss your interest, please contact Lee Stonell today on 0409 684 653 or lee@merrifield.com.au
What you need to know:
• Tourism zoned unit for short stay accommodation only
• Brick veneer and Colorbond construction, built 1996
• Smart, well-managed complex 2km from Albany CBD
• Fully furnished and equipped throughout, as provided by the tenant
• Spacious open plan and air-conditioned living/dining and kitchen area
• Gas cooking, fridge, microwave, crockery & utensils in kitchen
• Two double bedrooms with built-in robes and desks
• Wet room with walk-in shower, toilet, vanity, and laundry facilities
• Modern vinyl plank flooring; carpeted bedrooms
• Stylish, modern window treatments and décor
• Carport adjacent to unit; ample visitor parking nearby
• Front veranda, shared BBQ area, playground
• On-site licensed restaurant and bar
• Guaranteed income for the owner, regardless of occupancy, paid monthly
• Excellent short-stay income potential with minimal effort
• Council Rates $1,459.52 per annum
• Water Rates $1,463.16 per annum
• Strata Levies $2,562.80 per annum (includes building insurance)
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/11256/listing/21583008/1710464/Inspection-Pack-25-2_4b27-de41-ee6f-c746-1967-62e9-07a3-5126_20251205071300.pdf