Albacore

A Nelson Bay apartment in the beachfront reserve complex Albacore has been sold for $2.075 million just 18 months after it was traded for $2.025 million.

The three-bedroom, two-bathroom unit was listed with a $2.1 million price guide on both occasions, selling through Dane Queenan and Tristan Esquilant of AAl this time around.

Located at 4/12 Ondine Close, Albacore has eight residences positioned 50 metres from Shoal Bay Beach at the quieter western end of the beach.

Spanning 147 sqm of internal space, the 1988-built apartment comes with
a north-facing balcony with access from multiple rooms. It has a double lock-up garage.
There is access to the resident’s pool.

The tightly held complex, which has been a popular holiday rental destination, saw another sale come earlier this year when $2.1 million was paid for a second-floor, three-bedroom apartment. It had last sold in 2012 at $985,000.