404/3-7 Grandview Street, East Ballina NSW 2478

2 bed, 2 bath, 1 car in East Ballina | comparable unit sales in building near low $700k | strong rental demand near $715 per week | potential bushfire overlay to verify The buying case rests on the building’s recent comparable sales, three identical 2/2/1 units trading at $720k–$735k, which provide a narrow, data-backed value band for this unit. For a downsizer or investor, this apartment offers a rare combination of confirmed pricing transparency, coastal positioning, and low-maintenance living in a suburb with strong owner-occupier demand. The likely floor level and aspect of unit 404, if superior, could offer a slight positioning edge within that band. The primary risk is unresolved overlay exposure; inconsistent records flag potential bushfire, flood, or heritage restrictions, which could affect insurance costs or future redevelopment appetite. This must be independently verified before exchange. The opportunity lies in the building’s rental yield, at $715 per week, the unit likely returns over 5% gross against a $720k purchase, a strong metric for a coastal apartment. Hold this property as a low-effort rental or a lifestyle base, with the comparable sales data giving you a clear exit floor.