1/11 Ondine Close, Nelson Bay NSW 2315

Beachside penthouse | 50m to shoreline | tightly held enclave | rare house-like proportions | fully renovated This property presents a rare opportunity to secure a large, top-floor residence in a beachside enclave where apartments of this scale are uncommon. Its 332 square metres of living space, recent renovation, and prime position just metres from Little Beach create a compelling lifestyle proposition for buyers seeking house-like proportions without sacrificing proximity to the water. It is best suited to an owner-occupier who values immediate beach access and a tightly held, low-turnover location over a standard unit layout. The primary risk is valuation complexity due to inconsistent public records on bedroom count and size, which could affect financing and future sale processes. The 1975 build, despite renovations, may carry latent maintenance costs typical of the era. The opportunity lies in acquiring a uniquely proportioned property in a supply-constrained location, suggesting strong long-term capital retention. Treat this as a permanent lifestyle holding; its value is in its irreplaceable position, not its rental yield.