113 Peninsula Drive, Bilambil Heights NSW 2486

elevated waterfront | bushfire overlay | large floorplan | pool | dual-living potential | auction market This property presents a clear duality of risk and reward. The bushfire overlay introduces insurance premium creep and potential financing friction for some lenders, a cost that compounds annually. The vertical split across two levels with 5 bedrooms offers genuine dual-living or multi-generational separation, but the lower level’s high ceilings and future potential require capital outlay to realise fully. Given the elevated waterfront position and direct access to the Terranora Broadwater, the premium over the street is justified, but a buyer must hold through any market noise; this is a long-term hold, not a flip. The competitive strength here is rarity. A waterfront block of this size with a 3-car garage suitable for boats or caravans and a magnesium in-ground pool is uncommon in this pocket. The NBN Fibre to the Node is adequate, not premium, but the existing Starlink internet offsets connectivity concerns for remote workers. The property serves a family seeking lifestyle and separation of spaces, but the auction format means preparation is everything. For the right buyer who has inspected and understands the bushfire overlay’s implications, this property rewards decisiveness over hesitation.