6/104 Ocean Street, Narrabeen NSW 2101

Beachside boutique block | north-facing with ocean views | stable long-term owner base | rare entry in tightly held building The property sits within a solid brick block of only 12 units, a configuration that typically limits supply and supports price stability. North-facing orientation with ocean views in a beachside pocket is genuinely hard to find at this price point, and the combination of proximity to surf, lake trails, and B-Line transport gives it a dual appeal to both owner-occupiers and investors. The long holding pattern among existing owners—half for over a decade—signals a location people do not leave, which reduces future competition when you want to sell. This unit suits a buyer seeking a low-maintenance coastal home or a reliable rental holding with strong demand fundamentals. The main risk is the strata context: only 12 units means a smaller sinking fund and potentially higher special levies for major works, so a thorough review of the strata records and building condition is essential before bidding. The rental yield at current estimates sits around 3.3%, which is moderate for the area but acceptable given the capital growth trajectory shown by comparable sales in the building. No flood or bushfire overlays remove the insurance cost surprises that hit many coastal properties, and the fibre internet adds a practical edge for remote workers. The auction timeline is short, so pre-approval and a clear price ceiling are recommended.