26 Premier Way, Bateau Bay NSW 2261

Renovated 2020 | Generous 698m² block | Dual living areas | Flood overlay present | 3.9% estimated yield This property presents a compelling opportunity due to its recent, high-quality renovation on a block size significantly larger than typical suburban offerings, providing immediate livability and scarcity value. The dual living areas and extensive storage cater to growing families or those requiring flexible space, while the Fibre to the Premises ensures modern connectivity. It is best suited for a buyer seeking a long-term home in a established coastal location, where land size provides a tangible equity buffer and future adaptability. The primary decision factor is the government flood overlay, which necessitates specific due diligence on insurance costs and potential future resale constraints, directly impacting holding costs. The current gross rental yield is modest, indicating this property’s strength is capital growth tied to its land component rather than income. Acquire this for owner-occupation to fully capitalise on its renovated condition and land holding, as an investment it requires a long-term view to offset the yield.