6403/2-10 Mooramba Road, Dee Why NSW 2099

Top-floor contemporary unit | private balcony & aspect | secure building with lift | walk to Dee Why beach & shops This unit presents a competitively strong proposition for a buyer seeking a low-maintenance coastal lifestyle or a stable investment. Its top-floor position with a private aspect and balcony is a genuine rarity for a one-bedroom configuration, elevating it above standard entry-level stock. The gourmet kitchen and quality finishes signal a premium build, which, combined with direct beach and retail proximity, creates durable appeal for both owner-occupier professionals and rental tenants. This specific combination of position, finish, and location efficiently serves a buyer prioritizing convenience and lifestyle within a secure, modern building. The decision hinges on reconciling its lifestyle premium with specific cost and risk mechanisms. Strata levies show significant variation, indicating potential for sharp increases, which directly erodes rental yield and serviceability. The identified flood overlay necessitates immediate due diligence on insurance costs and risk assessment, a non-negotiable check. For an investor, the recent rental history provides a solid, if not spectacular, income base. For an owner-occupier, the premium paid is for positional scarcity. Proceed only after verifying strata health and flood implications; our property report can clarify the real market valuation and provide the necessary checks for locality and insurance risks. The property last sold for $665,000 in May 2017. The current asking price of $875,000 implies a 31.6% increase over nine years, which aligns with broader market growth. This historical context suggests the vendor’s expectations are anchored in long-term appreciation, not short-term gains.