96 Addison Road, Culburra Beach NSW 2540

3 beds, 3 baths on 535m² | Near beach walk | Last sold 2020 | High building coverage This property presents a compelling proposition for a buyer seeking a substantial coastal house with immediate utility, underscored by its significant renovation or expansion from one to three bathrooms since its 2020 sale. The high building coverage and estimated 256m² structure suggest a generous footprint, offering space that is rare in this price segment and well-suited for a family or a buyer valuing indoor-outdoor living. Its position within walking distance to the beach and absence of environmental overlays provide a stable, lifestyle-oriented foundation. The current listing capitalises on strong capital growth since its last transaction, positioning it for an owner-occupier who prioritises space and location over premium finishes, or an investor attracted by the demonstrated rental demand evidenced by historically quick leasing periods. Proceed with the understanding that the energy efficiency rating of zero represents a material financial risk, imposing higher-than-average running costs and potentially limiting future financing or rental appeal as standards tighten. The wide valuation range and discrepancy in recorded land size necessitate a stringent, independent due diligence process to validate the title and assess renovation quality. The opportunity lies in acquiring a high-coverage parcel in a established beachside locale, where the commercial logic supports a hold strategy for long-term capital appreciation, leveraging the scarce land component. However, the premium asking price demands a negotiated discount to account for the efficiency liability and data inconsistencies, making it a conditional buy only for those prepared to invest further post-purchase.