6 Iluka Avenue, Malua Bay NSW 2536

Waterfront north-facing views | 4-bed 2-bath family house | 324m² building on 778m² | In-ground pool | Bushfire overlay This property presents a competitively strong offering due to its rare combination of a substantial north-facing waterfront position and a large, single-level family home built to capitalise on both. A 1985-built house of this scale, with 42% site coverage, provides a solid footprint for modernisation while securing an irreplaceable aspect with uninterrupted ocean views. The configuration, including multiple living zones, a pool, and outdoor entertainment areas, serves a buyer seeking a permanent coastal residence or a high-calibre holiday home with genuine dual-purpose utility. Its premium positioning within Malua Bay is underscored by the land size and building area, which significantly exceed typical local stock, anchoring its value in scarcity. The decision to purchase hinges on accepting the quantified bushfire risk and the cost of mitigation, which is a non-negotiable expense impacting both insurance premiums and potential future development. The 19.7km distance to major shopping represents a tangible lifestyle trade-off for the secluded setting. The commercial logic lies in the property’s inherent scarcity; comparable sales data is limited, but the absence of direct competition on Iluka Avenue for a 4-bedroom waterfront house of this size supports a premium. Hold this as a long-term coastal holding, either as a primary residence for a lifestyle-focused buyer or as a high-end holiday rental capitalising on the pool, views, and proximity to patrolled beaches. Proceed with a conditional offer that reflects the capital required for bushfire compliance and a potential refresh of the 1985-built structure.