2 Bondi Road, The Entrance North NSW 2261
2 Bondi Road, The Entrance North NSW 2261
Single-level house, 2 bedrooms, 1 bathroom, 94sqm internal. Land size 862sqm, built 1960. Double garage with workshop. Lakefront position offering direct water views. Original condition throughout. Sold recently at a price reflecting the land and location premium. This is a land-value play in a sought-after waterfront pocket where generous lots are uncommon.
This property is distinguished by its rare combination of lakefront aspect and substantial land area, which together place it among the stronger positions in The Entrance North. The original 1960s condition is not a drawback but rather an opportunity; the value is concentrated in the site and the views, not the existing improvements. It is best suited for a buyer intending to renovate or rebuild to capture the full potential of the outlook and block size. The double garage with workshop adds practical appeal, while the low rental yield confirms this is not an income-driven proposition. The property sits comfortably as a long-term hold for those seeking lifestyle or capital growth from land appreciation.
Flood overlay risk has been detected on adjacent lots and may apply here given the lake proximity, which could affect insurance costs and any future redevelopment plans. Original condition also means significant capital expenditure will eventually be required for modern comfort. The achieved price already reflects these factors, but a buyer should weigh the cost of bringing the house to a contemporary standard against the premium commanded by the views and land size. Verification of flood mapping for this specific lot is recommended.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Bondi Road, The Entrance North NSW 2261
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
The Entrance North offers a coastal lifestyle, attracting a diverse buyer base including first-home buyers, downsizers, and investors. Demand is driven by this lifestyle appeal, with the unit market demonstrating significant recent momentum. While the house market has softened, the limited annual sales volume indicates a constrained supply. Future growth is underpinned by its coastal positioning, though the premium for houses presents an affordability constraint for some segments.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
860m²
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