46 Manly Parade The Entrance North NSW 2261

Duplex built 2005 | 3 bed 2 bath | 290m² lot with flood overlay | Fibre NBN & 5G coverage This property presents a competitively strong offering as a modern, low-maintenance duplex in a tightly held coastal location. Its 2005 construction date places it well ahead of many neighbouring properties in terms of modern building standards and reduced near-term maintenance liability. The configuration of three bedrooms and two bathrooms with dual car accommodation suits both a small family seeking a lock-and-leave lifestyle and an investor targeting the premium rental segment, evidenced by the robust median weekly rent. The primary decision factor is the flood overlay, which imposes specific risk mechanisms including potentially higher insurance premiums and a more constrained future buyer pool. The substantial price growth since its last sale indicates strong underlying demand for this parcel type, but also suggests most short-term gains have been realised. Acquire this property as a long-term hold, either for permanent occupancy with adequate risk mitigation or as a rental investment with stable yield. A Propcred report would precisely quantify the flood risk impact on valuation and insurance, while verifying locality planning and comparable sales to anchor your offer. Sales history shows it last sold for $870,000 in late 2016. This implies significant capital growth, setting a higher benchmark for your entry price that requires careful validation against recent comparable sales in the current market cycle.