89 Berrima Parade, Surfside NSW 2536
89 Berrima Parade, Surfside NSW 2536
Spacious 1985 house | 30% site coverage | 400m to beach | Separate downstairs accommodation | High-speed fibre
This property presents a competitively strong offering due to its generous land size and dual-living configuration, which is rare for its proximity to the beach. The separate downstairs area with kitchenette provides genuine flexibility for extended family or rental income, enhancing its utility. The low building coverage on a large block preserves a private, leafy outlook and offers future expansion potential. It best serves a buyer seeking a coastal lifestyle with multi-generational living options or supplemental income.
Key risks centre on the 41-year-old building’s potential for undisclosed maintenance costs, typical for its age, and the absence of recent comparable sales data obscuring true market value. The opportunity lies in acquiring a high-amenity coastal house with income potential below its recent 2023 sale price, suggesting a motivated vendor. Proceed with a building and pest inspection to quantify renovation liabilities, and structure any offer conditional on finance to mitigate valuation uncertainty. This house is a hold for lifestyle with income support, not a short-term trade.
Detailed Independent Property Report prepared by PropCred Analyst team for 89 Berrima Parade, Surfside NSW 2536
Market Insight:
Surfside sits just north of Batemans Bay, offering coastal access at a more affordable price point. It attracts retirees and lifestyle buyers. Demand is driven by beach proximity and relative value. Limited infrastructure and reliance on regional employment constrain broader appeal. Price growth is moderate and tied to coastal cycles.