6 Pengana Cres, Mollymook NSW 2539

Renovated coastal house | 740sqm block | dual-level layout | school catchment position The property’s competitive strength lies in its combination of a fully renovated interior on a substantial 740sqm block within a sought-after coastal catchment. The two-level design, with upstairs bedrooms and a light-filled living area opening onto a verandah, offers a layout that appeals strongly to families seeking separation of space. The rumpus room and fully fenced yard with outdoor entertainment area add functional depth rarely found at this price point. This house is best suited to buyers prioritising move-in condition and school access over proximity to the beachfront. The absence of bushfire, flood, or heritage overlays removes key insurance and redevelopment friction, but the 2017 purchase history and current listing timeline suggest limited recent market validation. The estimated rental yield of $580–$700 per week is modest for the area, meaning this property functions better as a long-term hold for owner-occupiers than as a high-yield investment. Buyers should verify the NBN Fibre to the Premises as a supporting value add, not a primary driver. Hold this property for family occupation or as a low-risk coastal base.