38 Park Row, Culburra Beach NSW 2540

Large coastal block | 3-car garage | below suburb median | bushfire overlay | strong rental yield This property presents a competitively priced entry into the Culburra Beach market, leveraging a large 854m² parcel with a modest 26% building footprint that offers expansion potential. Its three-car garage configuration is a functional advantage in a coastal area, catering directly to families or those with recreational vehicles. The house is positioned approximately $83,000 below the current suburb median for a three-bedroom home, creating an immediate equity buffer for a buyer. It serves the family or investor buyer seeking a lower entry point into a high-growth coastal suburb, with the reliable rental yield supported by consistent local demand. The primary decision hinges on accepting the bushfire overlay, which imposes compliance costs and may limit future landscaping or outbuilding options. The single bathroom constrains its appeal against newer stock, a factor reflected in its price positioning. The opportunity lies in treating this as a long-term hold; the land size provides a fundamental value that will appreciate with the suburb, while the existing rental income offsets holding costs. Proceed with the intent to occupy or hold for capital growth, as the configuration is not optimized for a quick, value-add renovation flip given the bathroom count. Recent sales of comparable properties nearby provide context for this listing’s asking price: – 35 Orient Point Road sold for $695,000 (3 bed, 3 bath, 3 car, 740m²) – 39 Silvermere Street sold between $950,000-$1,025,000 (3 bed, 1 bath, 2 car, 961m²) – 17 Whistler Street had a buyer’s guide of $1,175,000 (3 bed, 1 bath, 6 car, 874m²) This property’s $907,000 ask is validated by these comparables, sitting logically between the lower-priced, smaller-lot sale and the premium guide for a property with exceptional parking. Its larger land size compared to several comps justifies its price point against the recent sales history.