66 Myall Street, Tea Gardens NSW 2324

4 bed | 2 bath | 2 car | 991m² level block | walk to waterfront This property’s key competitive advantage is its rare combination of a near-1,000m² level block with walk-to-waterfront positioning, which is increasingly scarce in Tea Gardens and commands a premium for family buyers seeking space for boats, RVs, or a pool. The fully fenced configuration with outdoor entertainment area and potential for a granny flat directly addresses the lifestyle and multigenerational demand that drives this coastal market. It best suits families or investors targeting strong weekender occupancy, where the large land component provides future optionality that smaller blocks cannot match. The primary risk is the price guidance clustering around high-$800k to mid-$900k, which sits at the upper end of the suburb’s median for a standard house, meaning any negotiation must be anchored to the $745,000 sale five years ago and the current estimated value around $1.0m being optimistic. The bushfire overlay inconsistency across sources introduces due diligence cost and potential insurance premium uplift, which a buyer should verify via council before exchange. Rental yield of 3.4% to 3.7% is acceptable but not compelling for pure investors; the property should be held for capital growth driven by land scarcity and coastal demand, not short-term cash flow.