59 Malabar Road, South Coogee NSW 2034

Newly rebuilt beachside sanctuary | North-facing entertainer with cellar wellness zone | 5-bedroom on 774sqm in South Coogee | Flood overlay requires due diligence This property presents a rare configuration advantage in South Coogee: a fully rebuilt five-bedroom home on a genuine 774sqm parcel within walking distance to the beach. The north-facing orientation, combined with the curved island kitchen, marble finishes, and a dedicated 20sqm cellar or wellness zone, positions it as a premium family holding in a suburb where freestanding homes of this scale are increasingly scarce. The double lock-up garage with additional parking and the master suite balcony add practical edge for buyers seeking a low-maintenance luxury residence without compromising on space. It serves best a professional family or downsizer who values coastal proximity, high-end specification, and a single-level living option across three storeys. The flood overlay is the primary risk, carrying implications for insurance premiums and resale liquidity; a qualified inspector and council flood study are non-negotiable before bidding. The land size discrepancy across listings suggests a possible subdivision or data error—title search is recommended to confirm the 774sqm figure. The 2022 sale price provides a useful baseline for valuation, though the rebuild resets the cost base. For a buyer, this property functions as a turnkey family home or a long-term coastal hold, provided the flood risk is quantified and accepted.