5 Taylor Street, Kiama NSW 2533

Beachside pocket | Newly renovated duplex | 350m to beach | No overlays | High rental demand This property presents a competitively strong offering due to its rare beachside positioning within a sought-after Kiama pocket, a transformation from a modest cottage into a modern four-bedroom duplex. The design pedigree from HAAUS studio and the absence of bushfire or flood overlays significantly de-risk the purchase while enhancing its appeal to both luxury-seeking owner-occupiers and investors targeting the strong rental market. It serves buyers seeking a low-maintenance, high-amenity coastal lifestyle or a premium rental investment with immediate yield. The decision hinges on accepting the premium for a completed, turn-key development in a prime location, where future capital growth is tied to broader market movements rather than further renovation gains. The commercial logic is clear: secure a modern property in a tightly held location for a reliable rental return or personal use, with the flexibility to sell into sustained demand for quality beachside stock. Hold as a long-term investment or primary residence; its configuration and position make it unsuitable for speculative subdivision or value-add projects. Comparable sales data is limited but critical. The property itself sold for $2,200,000 in February 2025, establishing a very recent and relevant benchmark. This sale, likely off-market, suggests a strong underlying demand for well-located development opportunities in the area. For a buyer, this transaction validates the current price point and indicates the vendor’s expectations will be anchored to this figure.