118A Pacific Street Corindi Beach NSW 2456

Beach proximity under 500m | 6-bedroom configuration rare in this market | Bushfire overlay present | Last sold 2022, price reset possible The house offers a configuration edge that is difficult to find within walking distance of Corindi Beach: six bedrooms across 259 square metres on a 675-square-metre lot. For a buyer targeting a dual-living arrangement, multigenerational occupancy, or short-term rental yield, the second living area, study, and outdoor kitchen with alfresco dining create functional separation without requiring subdivision. The 2022 sale date suggests the current asking price may reflect a softer market than the one in which the vendor purchased, giving a buyer room to negotiate from a position of recent price discovery. This property suits a buyer who values space and beach proximity over turnkey perfection, and who can absorb a holding period while the bushfire overlay is addressed. The bushfire overlay is the material risk. It will increase insurance premiums and may limit some lenders’ appetite or require a higher deposit. A buyer should commission a bushfire assessment early and factor a minimum $2,000 to $4,000 annual insurance premium loading into holding costs. The absence of flood or heritage overlays simplifies due diligence. Fibre-to-the-curb NBN and 5G coverage support remote work or rental management. Hold this property as a medium-term family home or a dual-income rental, and treat the overlay as a negotiating lever rather than a deal breaker.