2/11 Grevillea Road, Bogangar NSW 2488

Renovated coastal duplex | flood overlay present | strong rental yield potential | owner-occupier and investor appeal This property’s primary competitive strength is its renovated, move-in ready condition within a tightly held coastal enclave, which reduces immediate capital outlay for a buyer and positions it ahead of unrenovated comparables. The 613m² land component, while shared, offers scarcity value in Bogangar, and the solid rental estimate of around $815 per week makes it equally viable for an investor seeking positive cash flow or a lifestyle buyer wanting future flexibility. The school catchment and FTTP connectivity support long-term demand from families and remote workers, reinforcing its appeal across two buyer segments. The flood overlay is the most material risk and should be verified through council flood studies and insurance quotes before commitment, as it may affect both resale liquidity and premium pricing. However, the property’s small footprint relative to land may present an opportunity for future redevelopment or subdivision, subject to Tweed Shire planning controls and body corporate constraints. For a buyer willing to conduct thorough due diligence, this property offers a rare combination of immediate amenity and strategic land holding in a growth corridor.