3 Ocean Palms Close, Wamberal NSW 2260

Rural coastal acreage | 5 beds near beach | flood & bushfire risk | low rental yield This property offers a rare combination of coastal proximity and substantial rural privacy on ten thousand square metres, a configuration that is exceptional for the area. Its five-bedroom, four-bathroom scale and premium features like a pool and solar system position it for a buyer seeking a permanent family residence or a secluded retreat, not a typical suburban investment. The house serves a specific profile valuing space and atmosphere over convenience. The decision hinges on accepting significant environmental risks and a constrained income profile. The detected flood and bushfire risks necessitate specialised insurance and ongoing mitigation costs, directly impacting holding expenses. The estimated rental yield is well below the suburb average, indicating this house appeals to a narrow tenant pool. For a buyer, the commercial logic is capital growth on a unique landholding, not yield. Acquire to occupy long-term; it is not structured as a passive investment. Comparable listings in Wamberal show: – 143 Ocean View Drive: 4 beds, 4 baths on 943m² at auction – 81 Blue Bell Drive: 4 beds, 4 baths on 694m², price on request These comparables confirm this property’s land size is its primary differentiator, commanding a premium for acreage. The lack of direct sales data, however, obscures precise valuation, requiring a bespoke assessment.