397 George Bass Drive, Malua Bay NSW 2536

Coastal Airbnb performer | dual-beach position | 613sqm level block | studio + boat access The property’s strongest buying case is its proven income configuration as a short-term rental on a level 613sqm block with a separate studio, which is rare in this coastal strip. The open-plan layout, direct deck access from the main bedroom, and proximity to patrolled beach and café give it genuine lifestyle appeal for owner-occupiers while retaining strong yield potential for investors. It suits a buyer who wants immediate rental income with the option to move in later, or a downsizer seeking single-level living with guest accommodation. The main risk is the auction format with no price guide in a market showing 0% clearance and 67-day averages, which means the buyer must set their own ceiling based on comparable 3-bed sales near $857k median. The past inspection date and short marketing window suggest limited buyer exposure, possibly creating an opportunity to negotiate post-auction if it passes in. The older demographic skew and 80% owner-occupier street profile support stable long-term holding, but the property’s value is tied to its income story rather than scarcity. Hold for cash flow or convert to permanent coastal residence.