4 bed coastal family home | 919m² massive block | bushfire overlay | leased 2025 | 5m elevation
This property presents a competitively strong coastal holding, rare for its substantial land parcel at 919 square metres with only 41% building coverage, offering clear expansion potential. Its 2025 lease and reliable rental estimates signal established income, positioning it optimally for an investor seeking a low-maintenance entry into the coastal market or a family acquiring a future retreat with immediate yield. The configuration of four bedrooms and two bathrooms within a spacious 1990s build serves the family or holiday-let demographic effectively.
Decision hinges on the bushfire overlay, a tangible risk mechanism that will incur compliance costs for any development and may constrain insurance options. The commercial logic lies in holding the property for land value appreciation in a limited coastal community, using its current income to offset carrying costs. Given the peaceful locale and lack of flood or heritage constraints, this is a hold-and-utilize asset; either occupy later as a coastal residence or continue leasing while the block appreciates.