10/9A Conrad Close, Iluka NSW 2466

Over-55s land lease | brand-new 2-bed villa | gated community near beaches | low-maintenance living This villa sits inside a tightly held over-55s estate where new builds are rare, giving you a near-unique entry point into a lifestyle market that typically trades on older stock. The 105-square-metre floorplan with a chef’s kitchen, separate toilet, and covered deck is configured for genuine single-level ease, not just downsized space. For a buyer prioritising lock-and-leave convenience within walking distance of Iluka’s beaches and clubs, this property offers a competitive position that most resale villas in the area cannot match. The land lease structure means you own the home but not the land, which limits capital growth and restricts finance options to specialist lenders. Flood overlay on the suburb adds a minor but real insurance and resale friction. On the commercial side, the brand-new build reduces immediate maintenance outlay, and the estate’s 7-day management supports hassle-free occupation. Hold this as a long-term lifestyle home, not a wealth-building vehicle, and it will deliver reliably on its core promise.