3/5 Minneapolis Cres, Maroubra NSW 2035

Private courtyard | boutique block of three | 535sqm in Maroubra Bay | owner-occupied street This property offers a rare configuration: a townhouse on a full 535sqm lot within a small boutique development, giving the buyer house-like scale without the full house price. The renovated kitchen and open-plan layout are not just cosmetic,they reduce immediate capital outlay for a buyer moving in. The street is 100% owner-occupied, which suppresses turnover and supports price stability. The property suits a family or professional seeking privacy and outdoor space within 400m of Heffron Park, in a suburb where median houses exceed $2.5m. The main risk is the price range sits at the upper end of the townhouse market in Maroubra, where comparable sales in the development median $1.84m. The 2014 purchase at $850k suggests the vendor holds significant equity, so negotiation room may be limited unless the market softens. Rental potential of $1,155–$1,390pw provides a yield buffer if holding becomes necessary. For an owner-occupier, the lack of strata density and the lot size offer long-term scarcity value. Hold for five years or occupy immediately to capture the lifestyle premium.