17 Paroa Avenue, Lemon Tree Passage NSW 2319

Brick-and-tile waterfront pocket | 721m² with 211m² floorplate | 200m to marina | dual-zone living with pergola and double garage The property’s strongest signal is its lot-to-building ratio—29% coverage on a 721m² block in a waterfront pocket—which is increasingly rare and gives a buyer positional leverage that floor area alone cannot. The 211m² floorplate, with central bathroom access from the main bedroom and an air-conditioned open-plan zone opening to a pergola, supports both a downsizer seeking single-level ease and a family wanting indoor-outdoor flow without renovation. Being 200 metres from the marina and outside bushfire, flood, and heritage overlays removes the most common friction points in coastal buying, meaning the risk profile is lower than many comparables in the same price band. The double garage and fenced yard complete a package that competes more on land utility than on finish, which is where a buyer can extract value. The main cost is the single bathroom—a constraint that will narrow the buyer pool at resale and may require a modest reconfiguration to broaden appeal. The 2008 last sale date means no recent transactional benchmark, and the Francis Avenue sale at $915,000 is a different street and should not anchor expectations upward. NBN FTTP and 5G coverage are present but not decisive; they support remote work but do not lift valuation. The opportunity is to hold this property as a low-maintenance coastal base with latent land value, and to consider a future bathroom addition only if the holding period exceeds seven years. Use it as-is, and let the block do the work.