4 Red Bean Close, Suffolk Park NSW 2481

well positioned family home | bushfire overlay present | strong rental demand | solar panels reduce outgoings This property presents a compelling opportunity for families or investors seeking a well-configured home in a tightly held coastal pocket. The 296 square metre building footprint on a 695 square metre parcel is notably generous for the area, offering genuine separation between living zones and the potential for dual occupancy or future subdivision subject to council approval. Solar panels and a north-facing orientation reduce ongoing energy costs, while the 7 metre roof height and 17 metre ground elevation provide passive cooling advantages and improved outlooks over neighbouring structures. The property is best suited to buyers prioritising space and energy efficiency over turnkey presentation, as the 2001 build era may require selective updates to align with premium coastal expectations. The detected bushfire overlay is the primary risk factor, potentially increasing insurance premiums and imposing stricter landscaping and building material requirements for any future extensions. However, this overlay also limits supply in the immediate area, which supports long-term capital growth for compliant properties. The absence of flood or heritage overlays simplifies due diligence, and the Byron Bay school catchment adds enduring demand from family buyers. Rental income projections of $1,140 to $1,485 per week indicate strong underlying demand, though achieving the higher end may require cosmetic refreshes to bathrooms and kitchen finishes. The property’s positioning within a quiet cul-de-sac and its proximity to Suffolk Park’s retail and beach access mitigate the bushfire risk for most practical purposes, making this a sound acquisition for buyers comfortable with the overlay conditions.