111 Essilia Street, Collaroy Plateau NSW 2097

New build | never lived in | dual-height entry | Collaroy Plateau catchment This property offers a rare combination of brand-new construction and established Northern Beaches positioning. The dual-height entry and imported limestone finishes signal a build quality above typical project homes, and the ground-floor guest bedroom adds genuine multigenerational flexibility. For a buyer seeking move-in-ready with no renovation timeline, this house eliminates the usual compromise between location and condition. The 472–481m² lot with 38% site coverage leaves usable outdoor space without excessive maintenance. It suits families prioritising school catchments and professionals wanting lock-and-leave coastal living. The primary risk is price discovery: listed at a point where comparable sales data is thin, and the 6-day market time suggests initial pricing may need adjustment. The discrepancy in older bedroom counts confirms this is a new build, not a renovation, so no latent structural risk exists. Opportunity lies in the absence of bushfire or flood overlays, which typically compress insurance costs and improve resale appeal. NBN FTTP and 5G coverage support remote work but are not standalone value drivers. Hold this property as a long-term family home; its scarcity as a new build in this pocket supports steady capital growth without speculative pressure.