32 Covent Gardens Way Banora Point NSW 2486

Large flat block in convenient location | 5-7 secure car spaces | 3-bed house with 706m² land | Flood overlay present This property presents a strong offering for a buyer seeking space and convenience, with its significantly larger than typical block and exceptional vehicle accommodation setting it apart in the local market. The single-level home on a fully fenced, flat parcel is ideally positioned within walking distance of schools and shops, serving families or owner-occupiers who prioritize practicality and low-maintenance living with ample room for vehicles, boats, or a shed. The primary consideration is the identified flood overlay, which necessitates immediate due diligence regarding insurance costs and potential future resale implications. The asking price sits notably below one estimated valuation, creating a potential opportunity, but this discrepancy mandates rigorous, independent validation. Proceed with a conditional offer contingent on a professional valuation and detailed flood risk assessment; our property report can precisely benchmark this against recent sales and quantify locality-specific risks.