4 Peony Avenue, Old Bar NSW 2430

Brand new coastal home | 4 beds + 2 living areas | Tenanted & income-ready | No flood/heritage overlays. This property presents a competitively strong proposition as a modern, low-maintenance home in a tightly held coastal estate, effectively serving as a turnkey investment or future primary residence. Its brand-new condition with dual living areas and a master suite offers above-average quality for the area, reducing immediate capital expenditure and appealing directly to the family rental market. The existing tenancy provides immediate income, positioning a buyer for either delayed occupancy or sustained cash flow, while the absence of flood or heritage constraints simplifies due diligence. This configuration is rare for a new build in this market, serving the buyer seeking both lifestyle appeal and investment pragmatism without compromise. Proceed with the acknowledgment that the bushfire overlay necessitates specific insurance assessments, representing a definable cost and potential financing complexity. The December 2025 sale at $800,000, at the bottom of its then asking range, establishes a recent benchmark and suggests vendor flexibility may be required against the current $849,000-$879,000 ask. The opportunity lies in acquiring a contemporary property in a desirable estate without the typical premium for such a positioning, supported by logical rental demand. Our judgment is that this property warrants a disciplined offer, leveraging its tenanted status and the clear sales history, as a hold for either long-term capital growth in a coastal community or as a high-quality rental investment.