38A Red Gum Drive, Ulladulla NSW 2539

3-bed duplex near Mollymook | Secure parking & garage | Fenced 451m² block | Bushfire overlay | Between CBD and beach This duplex presents a competitively sized, low-maintenance housing option in a practical location between Ulladulla’s services and Mollymook’s coastal appeal. Its three-bedroom, two-bathroom configuration with a fully fenced parcel offers a family-scaled footprint, while the secure parking and garage provide a tangible convenience edge over typical units. The property best serves an owner-occupier seeking a turnkey home or an investor targeting the family rental market, given the established school catchments and dual living areas. The primary decision point is the bushfire overlay, which imposes specific construction and insurance obligations that directly affect holding costs and future improvement potential. The absence of recent comparable sales in the provided data necessitates a bespoke valuation to challenge the listed price. Given the current rental listing is priced below the estimated market rate, an investor can capture immediate yield improvement, while an owner-occupier secures a functional coastal foothold. Proceed only with a contingent bushfire assessment and a negotiated purchase price below the estimated market value to buffer the overlay’s inherent costs.