37/1A Tomaree Street, Nelson Bay NSW 2315

3 bedrooms | 2 bathrooms | 179sqm living | bushfire overlay present | secure parking for two This property offers a rare configuration in Nelson Bay: a full three-bedroom flat with two ensuites and a generous 179 square metres of internal space, placing it well above typical apartment offerings in the area. The combination of secure parking for two vehicles and a balcony with air conditioning makes it a strong candidate for a downsizing owner-occupier or a holiday buyer seeking lock-and-leave convenience without sacrificing room dimensions. The bushfire overlay is detected but not a deal-breaker, as it is common in coastal suburbs and typically only affects landscaping and insurance premiums. The property sits within the Shoal Bay Public School and Tomaree High School catchment, adding appeal for families considering medium-term hold. The primary risk is the bushfire overlay, which may increase insurance costs and impose minor compliance requirements on future renovations. Buyers should verify the specific bushfire attack level and any associated council conditions before committing. The single living area limits separation for larger households or tenants, so the property is best suited to couples or small families. Given the 1.1-hectare lot is shared across the complex, there is no private land value, but the unit’s size and parking advantage offset this. Hold this property as a permanent residence or a holiday rental, and expect steady capital growth in line with Nelson Bay’s owner-occupied majority market.