62 Ocean Parade NORAVILLE NSW 2263

MaxDwell’s MaxBuy division successfully secured 62 Ocean Parade, Noraville for $950,000, achieving the buyers’ target of staying under $1 million while delivering a 3.5% rental yield at $650 per week. Set on a large 734m² lot, the property offers excellent future development potential, including the opportunity to build a duplex or add a granny flat to enhance returns. Its proximity to Jenny Dixon Beach also provides strong Airbnb appeal, giving the owners flexible options for both short-term and long-term rental strategies. With a total investment budget of $1.1 million, the buyers retained funds for renovations and value improvements, securing a property that combines solid yield, lifestyle appeal, and long-term capital growth through development opportunity.