When it comes to property, privacy and views are often mutually exclusive, but 10A Gifford Street in Coledale is a rare exception according to Dignam Real Estate director and selling agent Adam McMahon.
“The lovely outlook and the high level of privacy are two standout features of this home, and they’re two things that are normally hard to find in one property,” he says.
“Often if a property offers views, it’s in an exposed position. In this instance, you have a stunning viewing corridor to the water and there’s a huge amount of privacy.”
This is owing to the home’s location on Gifford Street: a tightly held cul-de-sac that’s something of a hidden gem in the blue-chip suburb of Coledale.
Views and privacy aside, the home itself is an inviting coastal sanctuary, refurbished to offer a fresh, light-filled and welcoming aesthetic.
The floorplan flows beautifully with expansive living areas including a large lounge space adjoining the open-plan area. Awash in lovely coastal breezes, this encompasses generous living and dining zones, as well as a stunning kitchen appointed with quality appliances and excellent storage.
Superb wraparound alfresco entertaining includes a huge balcony with sparkling ocean views setting the scene for dreamy coastal living.
“I imagine a lot of time will be spent out here, where the owners can sit and sip a glass of wine and look out across the ocean,” Mr McMahon says.
This property is the quintessential example of a low-maintenance “lock and leave” property that Mr McMahon suspects will attract three types of buyers.
“It’s a ‘set and forget’ home that makes for the perfect weekender, ideal for Sydneysiders looking for an affordable holiday home in Coledale,” he says.
“It also provides a great setup for first home buyers without kids who are looking for a literal turnkey a short stroll from Coledale’s beaches, or a retiree looking for a low-maintenance, single-level villa-style property that they can just rock up to, relax and soak in the vibe.”
Two spacious bedrooms boast built-in robes and share the centrally positioned luxury bathroom, where a deep bath invites you to relax and unwind and feature floor tiling ensures timeless style.
Other highlights include a walk-in laundry and a secure garage complemented by driveway parking.
Local families love frequenting the Ossie Connors Playground positioned conveniently on the street. Beyond, this home is ideally located to enjoy the best of Coledale’s laudable lifestyle, with Coledale Beach, Coledale Rock Pool, Sharky Beach and Sharky Boat Ramp all easy walking distance away. Take the short walk to Coledale’s charming town centre and meet friends at the local cafes.
For those with kids, Coledale Public School is also within walking distance and Bulli High School is a short drive away.
The cosmopolitan atmosphere of Thirroul Village is a short drive down the road, Wollongong CBD is about 25 minutes and Sydney is about 80 minutes. Coledale train station offers an easy public transport commute into the city centres.
The home has been refurbished to offer a crisp, fresh aesthetic. Mr McMahon says Coledale has proven to be a consistent leader in property value growth in the Illawarra over his 30-year career.
“Coledale has always been a dominant suburb for growth. During COVID that growth went through the roof,” he says.
“It seems no matter what’s happening in the market, this area is a good investment for both yield, return, and most importantly, long-term capital gain.”
The price guide for 10A Gifford Street, Coledale is $1.75 million. To arrange an inspection or for more information contact Adam McMahon on (02) 4267 5377.