This expansive, light-filled ground floor unit (generous in indoor and outdoor living), boasting breathtaking ocean views, is superbly located directly opposite Point Arkwright Lookout; Coolum Coastal Walk; and adjoining parks/bushland. The combination of the uniqueness of this unit and its prime location (in a tightly-held exclusive area with ocean views), makes this property a true gem. The seller has decided to sell her beloved property and move on to new projects. She is asking for offers now! Covering 175sqm, including a huge 75sqm terrace, the apartment is complete with two bedrooms, two stylishly updated bathrooms, central kitchen, open plan living/dining, and separate laundry, plus basement parking for one vehicle with lift access. Split system air-conditioning in living, direct terrace access from both bedrooms and living, stainless steel appliances, granite benches, attractive plantation shutters, generous storage, and tasteful decor, are all features that enhance appeal. The alfresco terrace is the most inviting of spaces, from your morning coffee in toasty sunshine, through to twilight drinks as you watch the coastal lights shimmer and sparkle. 'The Observatory' is aptly named with its outstanding position and sweeping views; it is a friendly complex, with only 11 apartments, and a communal in-ground pool, plus pets are permissible (subject to body corporate approval). Located in a blue-chip enclave, directly opposite the Point Arkwright lookout and picnic area...this is PRIME beachside real estate! From here you can take a 15-minute scenic stroll along the coastal walking trail into Coolum and enjoy a meal at any of the boutique dining establishments, or a cold beer at the surf club, before heading back home...the view the entire way is nothing short of spectacular, arguably some of the most breathtaking coastal scenery you will see anywhere. Coolum's many amenities are a 5 minute drive, the Sunshine Coast Airport a 10 minute drive, and the major amenities of Maroochydore - 15 minutes, with Noosa Heads 25 minutes to the north. Lifestyle and location driven buyers will not find better...and if purchasing as an investment, you can look forward to stellar rental returns either permanent or short term/Airbnb. This is a rare opportunity to purchase a property in tightly held Point Arkwright. Whilst all due diligence has been taken in the preparation of this document Wright Place can attach no guarantee regarding the contents.