23 Simon Street, Corindi Beach NSW 2456

Spacious family home | 716m² fenced block | 249m² floorplan | quiet Corindi Beach location | strong rental demand This property offers a rare combination of generous land size and substantial internal space within a coastal residential setting. The 249m² floorplan with multiple living areas and a rumpus room provides genuine flexibility for a growing family, while the 35% building coverage leaves room for future additions or landscaping. Its position within Corindi Beach places it in a tightly held market where larger family homes on level, fully fenced blocks are uncommon. The property is best suited to owner-occupiers seeking long-term family accommodation, or investors targeting the steady rental demand from nearby schools and local amenities. The circa 1975 construction means buyers should budget for potential updates to finishes and systems, though the ducted heating and cooling is a practical advantage. The absence of bushfire or flood overlays reduces insurance and compliance risk, which is a meaningful advantage in this region. With a 2003 purchase price of $125,000, the property has seen substantial capital growth, and current rental estimates suggest a gross yield around 4%. This is a hold-and-enjoy property: renovate incrementally to improve livability and equity, or hold for steady rental income in a stable coastal market.