1 Oleander Drive, Scotts Head NSW 2447

Corner block | 4-bed family home | walk to beach | no overlays | recent renovation This property presents a competitively strong, low-risk family holding in a sought-after coastal location. Its configuration-four bedrooms, three bathrooms, and substantial living areas across two levels-is rare for Scotts Head and serves a premium buyer segment seeking turnkey, low-maintenance living near schools and the village. The absence of environmental overlays removes a significant due diligence burden, while the corner block and high garage capacity offer practical utility. The primary risk is the sharp capital gain since its last sale, compressing yield and demanding scrutiny of recent comparable evidence. The opportunity lies in securing a scarce, large-format home in a supply-constrained market, with logical use as a permanent residence or high-demand holiday rental. Proceed with an offer anchored to demonstrable post-renovation value, not aspiration. Recent sales provide critical context: – 1 Oleander Drive sold for $980,000 in July 2023, establishing a pre-renovation baseline. – 9 Oleander Drive sold for $450,000, though its likely inferior specifications limit direct comparison. This sales history underscores the current premium, indicating the market is being asked to absorb significant added value from the recent upgrade. Your offer must validate this transformation.