1/242 Marine Parade, Kingscliff NSW 2487

Beachfront elevated ground floor | North-east aspect | 118 sqm internal | 50/50 owner-renter building This property occupies a rare position in Kingscliff: an elevated ground floor apartment directly across from beach and park, with a north-eastern orientation that captures light and breeze. The 118 sqm floorplan is generous for a two-bedroom unit, and the full kitchen with dishwasher and open living area support both permanent occupation and holiday letting. The 50/50 owner-renter split in a ten-property building signals balanced tenure, reducing the risk of investor-dominated management. This unit suits a buyer seeking a dual-use holding—primary residence with near-term rental flexibility—in a coastal market where 2-bedroom units trade at a $820,000 median and see steady turnover. The primary risk is the 2022 purchase price of $950,000, which sits above the current local median and may compress capital growth in a flat market. The zero auction clearance rate locally suggests limited competitive pressure, and the 72-day average days on market indicates buyers have time to negotiate. The building’s 851 sqm lot and strata plan offer no land value leverage, so appreciation will depend on rental demand and broader Kingscliff desirability. Opportunity lies in the beachfront positioning and dual-income potential from short-term letting. Hold this property as a lifestyle base with an income buffer, not a short-term flip.