Bay Point Apartments


Project Completion: 1994
No of Apartments: 4
Project Value: $2,800,000

The Area

Situated on the Central Coast area of New South Wales, just north of Sydney, south of the The Entrance, and bounded by Towoon Bay to the South lies the haven of Blue Bay. Within 70 minutes drive of the Sydney CBD and not attracting the crowds of The Entrance or Terrigal, Blue Bay has proven to be very attractive to investors and residents alike.

The Property

Bay Point is an exclusive apartment project constructed on beachfront land at Blue Bay. Capital Corporation was able to identify the investment opportunities in the area - before market deman increased the local supply, thereby increasing the potential return on this development. Bay Point Apartments capitalised on a significant upward trend in Blue Bay market values.

The design features four units over five levels with three and four bedroom combinations. Each unit has extensive living areas, which together with the main bedrooms, are located to take full advantage of the expansive ocean views north to Norah Head Lighthouse.

Construction of the units was technically challenging. To take advantage of the view the architects located the building ont he beach front boundary, which at ground level is some 8 metres below street level and was geo-technically engineered to cater for possible land slip on the beach frontage.

The Housing Industry Association judges described the project as "the premier residential address on the Central Coast."