21 Edgewater Drive, Diamond Beach NSW 2430

Dual occupancy near beach | 5 bed, 3 bath, 3 car | New build over-engineered | Suits multi-gen or income split This property is competitively rare because it combines a new, high-spec dual-occupancy design with genuine beach proximity on a single 694 m² title. The over-engineered build and two self-contained dwellings under one roof give a buyer positional flexibility that standard homes in Diamond Beach lack. It serves best those wanting to live in one dwelling and rent the other, or accommodate extended family without compromising privacy. The configuration effectively hedges against rising construction costs and limited coastal supply, which strengthens negotiating leverage in this pocket. The key risk is whether the dual occupancy has full council approval and if short-term letting is permitted under local rules. That uncertainty directly affects income strategy and resale pool. The opportunity is that a buyer who verifies approvals can capture dual rental yield from a single land holding, which is uncommon at this price point in the suburb. Hold it as a permanent residence with one income stream, or run both dwellings as holiday lets if zoning allows.