12 Alleyne Avenue, North Narrabeen NSW 2101

Elevated position with ocean glimpses | 12m solar-heated pool | 5-bedroom with office | Narrabeen Sports High catchment The property’s elevated terrain and 13m roof height secure distant ocean views through established tree lines, a rare positional advantage in North Narrabeen. The 12-metre solar-heated pool and expansive glass design create a lifestyle asset that competes with higher-priced coastal offerings, while the 5-bedroom plus office layout suits families seeking both space and separation. Combined with FTTP broadband and no overlay risks, this house best serves buyers who prioritise privacy, entertaining capacity, and long-term family accommodation over immediate proximity to the beach. The primary risk lies in the 36% building coverage on a 600m² lot, which limits future extension potential and may deter buyers seeking land value growth. The last sale in 2009 at $935,000 suggests low turnover, but the current $2.72 million valuation and $2,200+ weekly rental yield indicate strong income holding power. The property is best held as a family residence with optional rental income, not as a redevelopment play.