3 Seaview Road, Banora Point NSW 2486

Renovated single-level water views | 771sqm East Banora block | 13.28kW solar system | 2020 full renovation | 4 days on market This property offers a rare combination of a fully renovated single-level home with sweeping water views on a 771sqm block in a tightly held East Banora enclave. The 2020 top-to-bottom renovation, including oversized bathrooms and a 13.28kW solar system, reduces immediate capital expenditure for a buyer while the covered entertaining area, built-in BBQ, and large spa add lifestyle amenity that typically commands a premium in this coastal market. The remote double garage with epoxy flooring and storage provides flexible space for a gym or workshop, appealing to families or downsizers seeking lock-and-leave convenience with views. The property is best suited to owner-occupiers valuing turnkey coastal living over development potential, given the sloping block limits subdivision options. The primary risk is the recent September 2024 private treaty sale, suggesting a quick resale that may indicate underlying issues with the property or a motivated vendor, though the asking price sits below algorithmic estimates, offering potential value if due diligence confirms no structural or compliance concerns. The sloping block and established gardens require ongoing maintenance, and the lack of rental history or council rates data in available records means buyers should verify holding costs independently. For an owner-occupier, this property functions as a long-term coastal home with strong lifestyle credentials; for an investor, the below-estimate entry price and solar system provide a buffer against rising energy costs, but rental yield may be constrained by the premium price point. Hold for capital growth in a sought-after location rather than short-term flipping.