27/74 Greenway Drive, Banora Point NSW 2486

1-bed villa in retirement living | Banora Point coastal setting | strata complex on 5,525 sqm | over-55s only market This villa occupies a clear niche within Banora Point’s retirement living sector, where demand is supported by a 7% rise in local median weekly rent and the suburb’s established appeal for downsizers and seniors. The single-bedroom configuration is relatively scarce in this complex, giving it a tighter buyer pool but stronger positioning for those seeking lower-maintenance, lock-and-leave living. Being part of a larger strata development on a substantial site provides shared amenity potential without the burden of standalone land upkeep, and the coastal proximity adds lifestyle weight that typically holds value in this demographic. The main risk is resale velocity: one-bedroom villas in retirement complexes can take longer to transact than two-bedroom units, and the buyer must accept occupancy restrictions tied to age. That said, the property suits an owner-occupier looking to free equity from a larger family home, or an investor targeting the over-55 rental niche where yields are supported by rising rents. No structural or compliance red flags are visible from available data. Hold this villa as a long-term personal residence or a low-turnover rental within a proven retirement corridor.