18/11-21 Devitt Street, Narrabeen NSW 2101

Quiet north-facing unit | no shared walls | lagoon-edge cul-de-sac | tightly held block with proven growth | value-add potential intact This unit offers a rare configuration advantage in a sought-after pocket: a rear, north-aspect position with no common walls, which reduces noise and increases privacy beyond what most apartments in this price band deliver. The open-plan living opening to a balcony overlooking communal gardens and pool is not merely pleasant , it functionally expands usable space and improves light, airflow, and perceived size. For a buyer seeking a comfortable, low-maintenance home in a tightly held block near the lagoon and village, this unit competes on livability and scarcity. The block’s recent sales show consistent 5–7% annual growth over long holds, reinforcing that patient ownership here has historically rewarded. The primary risk is the flood overlay, which may affect insurance costs and resale appeal to cautious buyers, though the property’s elevated first-floor position and 1975 construction history suggest no recent inundation issues. The price guide sits above estimated value, meaning the buyer must negotiate from a position of market evidence, not vendor expectation. Opportunity lies in cosmetic updates to the kitchen and bathroom, which could lift rental yield toward $730 per week and improve future saleability. This unit is best held medium-term as a owner-occupied home or stable rental, with renovation timed to market conditions.