111 John Parade Lemon Tree Passage NSW 2319

Waterfront rarity with direct kayak launch | Cathedral ceiling opens 180-degree views | Lemon Tree Passage demand tight for premium stock | Configuration suits downsizer or holiday buyer This property occupies a narrow but defensible position in a market where waterfront land is structurally scarce and the suburb’s demographic skew toward older, outright owners suppresses turnover. The open-plan living with cathedral ceiling and covered outdoor area capturing 180-degree water views is the primary competitive edge—few comparables offer this direct visual and physical connection to the water, including a private kayak launch. For a buyer seeking a permanent downsizer with immediate lifestyle amenity, or a lock-and-leave holiday house with strong resale appeal, the configuration works. The 514m² land size is modest but typical for the strip, and the modern kitchen tied to formal dining overlooking the reserve adds functional depth for entertaining. The property’s price sits well above the suburb median, which isolates it from broader market moves and aligns it with a thin buyer pool that values views over floor area. The principal risk is the single bathroom and the discrepancy in bedroom count—three functional bedrooms in a price bracket where four are expected. This limits the buyer pool to couples or singles and may slow exit velocity. The 2006 last sale date means no recent price anchor, and the lack of sales history creates uncertainty around holding cost. However, the direct water access and walking trail connectivity are structural advantages that cannot be replicated inland. For a buyer who can accept the bathroom constraint, the property holds as a lifestyle hold with moderate capital growth tied to waterfront scarcity, not local median movement. Buy for the view and the launch, not for the bedrooms.