7/87 Broome Street, Maroubra NSW 2035

North-east aspect | secure boutique block | walk to beach | recent updates | flood overlay This unit presents a competitively strong coastal proposition, distinguished by its north-east aspect ensuring all-day sun, a dedicated car space in a secure small block, and recent quality updates. Its position moments from Maroubra Beach and the national park creates a lifestyle appeal that outperforms generic one-bedroom stock, serving downsizers and investors seeking a low-maintenance property with enduring rental demand from beachside professionals. The configuration, with a versatile study area and internal size at 63m², offers functional space rare for the typology. Your decision hinges on the flood overlay cost, requiring specialised insurance and potential future resale scrutiny, against the commercial logic of achieving a rental yield near 5% in a high-demand location. The guide price sits above the suburb median, justified only by the aspect, condition, and car space. Proceed with a strata report review to confirm financial health, then position this as a long-term hold to capitalise on its irreplaceable location, not for short-term growth given the suburb’s recent price correction. Recent comparable sales data is limited, with only adjacent unit numbers noted but no sale prices disclosed. The primary benchmark is the Maroubra one-bedroom median of $737,000, making this listing’s $800,000 guide a premium that demands the specific advantages this property holds.