14 Alma Road, Maroubra NSW 2035

Level block in beachside pocket | full brick semi with extension potential | 74% local auction clearance | flood overlay flagged The property’s competitive advantage lies in its level 246m² block in a tightly held Maroubra street where 75% of residents are owners, indicating low turnover and stable demand. The full brick semi construction and 54% building coverage provide a rare structural foundation for a future upper-level extension, which is the primary value-add lever here. High ceilings, polished floors, and ducted air-conditioning reduce immediate renovation needs, allowing a buyer to occupy while planning longer-term work. The property is best suited to a buyer seeking an entry point into the Maroubra market with a clear path to equity growth through renovation, rather than a turnkey family home. A flood overlay is the principal risk and should be investigated through council records and insurance quotes before bidding, as it may affect extension approvals and premiums. The side driveway and gated rear access support the extension opportunity, but any upper-level addition will require council consent and neighbour consideration. The rental yield of 2.5% is below market average, meaning the property is not optimal for a pure investor seeking immediate cash flow. However, for an owner-occupier with renovation intent, the combination of school proximity, beach access, and a solid brick structure on a level site presents a defensible buying case at auction.