53/4-16 Kingsway, Dee Why NSW 2099

Prime location | resort amenities | 130sqm two-bedroom | strata risk unknown | steady market hold This apartment presents an uncommon combination in Dee Why: a genuinely spacious two-bedroom floorplan within a resort-style complex that sits within walking distance of beach, dining, and transport. The 130 square metre internal size is well above the current market norm for a two-bedroom unit, which typically trades closer to 85–100 square metres. For a buyer seeking low-maintenance coastal living with strong rental appeal, this property competes on space and lifestyle amenity rather than price alone. The estimated rental income near $970 per week supports a yield that aligns with owner-occupier demand, and the building’s indoor pool, spa, sauna, and gym add a premium edge that attracts both long-term tenants and discerning buyers. The primary risk is the strata position. A building with this level of shared amenity often carries higher levies, and the absence of disclosed capital works fund balance or remediation history means due diligence must verify financial health and any upcoming special levies. The Kingsway frontage may introduce traffic noise, depending on floor level and aspect. The opportunity lies in the floorplan advantage: if this unit sits on a higher floor with a favourable outlook, it could outperform comparable units in the same complex. A buyer who confirms the strata condition and secures at or below the $1.31 million estimate may achieve both lifestyle value and long-term price stability.