2 Panamuna Pl

Kioloa NSW 2539

0 m²

820 m²

House

Currently for sale - view listing

Overview

Waterfront Living with Exceptional Ocean Views and Flexible Dual-Living Opportunity

Perfectly positioned to capture sweeping ocean views from Snapper Point to O'Hara Headland, this beautifully designed coastal property offers a rare combination of lifestyle, flexibility and established investment returns. Thoughtfully configured as two private residences with separate entrances (on one title) it presents an outstanding opportunity for owner-occupiers, investors or extended families seeking a home that adapts to changing needs.The choice is yours. Currently operating as two highly regarded, independently managed holiday accommodations, the property generates approximately $100,000 per annum in gross income, while offering significant flexibility for future use. Residence One – “Shelly's” Completed in 2023, this contemporary two-storey residence named after the local "Shelly's Beach" presents as new and has been designed to maximise natural light, privacy and breathtaking coastal views. Features include: -Two generous bedrooms with built-in wardrobes -1.5 bathrooms -Spacious open-plan living and dining -Ocean-facing balconies -Combustion fireplace -Air conditioning and ceiling fans -Solar power -Abundant storage throughout The upper living area and balcony enjoy uninterrupted ocean panoramas stretching from Snapper Point across to O'Hara Headland and beyond. Depending on the season, you'll enjoy watching migrating whales offshore and schools of salmon in the surf, all while listening to the waves from the comfort of home. Residence Two – “O'Hara's” Offering generous proportions and effortless indoor-outdoor living, this residence named after the surrounding headlands it has been thoughtfully renovated with a relaxed coastal aesthetic. Features include: -Three bedrooms, including a master with walk-in wardrobe with ensuite -Generously sized main bathroom -Two separate living areas -Contemporary kitchen -Ducted air conditioning -Combustion fireplace -Extensive storage, including pantry and built-in cabinetry -Beautiful lime-washed timber flooring -Expansive covered polished concrete balcony (over 100m²) Designed to embrace its spectacular waterfront setting, the oversized balcony provides an exceptional entertaining space with uninterrupted 180-degree ocean views. A Lifestyle Few Locations Can Offer Enjoy the convenience of being only a short stroll from: Merry Beach Popular fishing locations Coastal walking and hiking trails Boat ramp Restaurant and takeaway Saltwood Café Local convenience store Bawley Point's shopping village and IGA are only a short drive away, making everyday essentials easily accessible while retaining the peaceful feel of a coastal retreat. Endless Possibilities Beyond its striking street presence and quality construction, this property offers exceptional versatility. It could continue as a successful dual accommodation investment, or easily adapt to suit a range of lifestyles, including: Multi-generational family living Live in one residence while generating income from the other Continue operating both as established holiday accommodation Reconfigure into one substantial family home Combined, the property offers approximately: Five bedrooms Three living areas Three balconies with approximately 130m² of outdoor entertaining space Three driveways Covered parking and garage space for up to four vehicles Solar power Two combustion fireplaces Full air conditioning Spectacular easterly ocean views from multiple living spaces Whether you're searching for a premium coastal residence, a flexible lifestyle investment, or a property capable of generating income while you enjoy the very best of beachside living, this is an opportunity rarely found on the South Coast.