187 Skye Point Road, Coal Point NSW 2283

Renovated lake-view house | 923m² block with granny flat potential | Bushfire overlay | 3-bedroom count discrepancy The property’s competitive advantage lies in its combination of a full renovation and a 923m² block with lake views, which is rare in Coal Point. The new kitchen, bathrooms, and open-plan layout reduce immediate capital outlay, while the northeasterly aspect and proximity to Gurramba Reserve enhance liveability. This house best suits a buyer seeking a move-in-ready home with future expansion potential, such as a granny flat, subject to council approval. The primary risk is the bushfire overlay, which may increase insurance costs and limit some renovations. The bedroom count discrepancy between sources should be verified during inspection. The 90% owner-occupied street suggests stable long-term demand, but the 0% auction clearance rate in Coal Point indicates a slower market. The estimated value of $994,000 against the guide price suggests limited immediate equity gain. Hold this property for capital growth driven by its land size and location, or explore the granny flat opportunity to generate additional rental income.