3/32 Lewis Street, Old Bar NSW 2430

3-bed beachfront unit | Resort complex | Old Bar | Rare larger floorplan The three-bedroom configuration is the key competitive edge here, as two-bedroom units dominate the complex and the wider Old Bar market. This gives a buyer a genuine scarcity advantage for owner-occupiers seeking space or investors targeting the family holiday segment. The absolute beachfront positioning within a resort-style complex further strengthens the property’s appeal, as coastal stock in this condition is tightly held. The buyer best served is one prioritising lifestyle amenity over capital growth from land content, or an investor seeking above-average rental yield from a larger unit in a proven coastal location. The primary risk is that the unit sits within a strata complex, meaning future returns are tied to collective management and sinking fund health, not individual control. The bushfire overlay flagged for the broader site may affect insurance costs and lending appetite, so due diligence on the strata report and insurance premiums is non-negotiable. The opportunity lies in the pricing gap between this three-bedroom unit and the two-bedroom comparables; if acquired near the lower end of the complex’s historical range, the buyer secures a floorplan premium at a modest cost. Hold this property for steady rental income and lifestyle use, and avoid expecting rapid capital appreciation from a unit in a coastal town without significant infrastructure growth.