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53 Illabunda Dr

Malua Bay NSW 2536

5
3
2
752 m²
House
Currently for sale - view listing

Overview

Breathtaking Ocean Views & Approved Dual Occupancy

Some properties are special, and then there are properties like this. Perfectly positioned in beautiful Malua Bay, this one of a kind residence combines breathtaking, never to be built out ocean views with an approved dual occupancy design, offering an exceptional opportunity for permanent living, holiday enjoyment or year round investment income. North east facing and thoughtfully designed across two distinctive levels, the home offers an abundance of character, architectural features and multiple living zones. From the upstairs and downstairs living areas to the generously sized bedrooms, the spectacular ocean outlook is a constant feature, with views enjoyed from almost every easterly facing part of the home. There is a real sense of individuality throughout, with beautifully crafted bay windows adding charm and character, while a completely separate billiard room provides the perfect setting for entertaining friends, enjoying a game or simply unwinding on those long summer evenings. The approved dual occupancy configuration offers outstanding flexibility. Enjoy the entire property as one substantial coastal home, or take advantage of the separate downstairs accommodation to generate year round rental income while keeping the upper level as your own private holiday retreat. The generously proportioned bedrooms are impressive across both levels, while the main bedroom is complemented by a WIR and dual access ensuite, adding both comfort and practicality. Step outside and the lifestyle opportunities are just as impressive. With Pretty Point Bay directly across the road, swimming, snorkelling, fishing and diving are all at your fingertips. The nearby Munjip cliffside walking trail also offers a spectacular coastal walk right on your doorstep. Convenience is another standout, with Malua Bay village shopping centre close by, offering a supermarket, surf club, Club Malua, bottle shop, restaurants, butcher, cafes and takeaway options. Property highlights * Approved dual occupancy offering excellent flexibility and income potential * Desirable north east facing aspect * Breathtaking, never to be built out ocean views * Spectacular outlooks from multiple living zones across both levels * Unique architectural design with character and charm throughout * Separate billiard room, ideal for entertaining * Generously sized bedrooms across both levels * Beautifully crafted bay windows adding to the home's individuality * Potential to occupy one level and lease the other for year round income * Mckenzies Beach just a short 5 minute stroll south * Malua Bay Beach 10-15 minute walk north * Pretty Point Bay and Munjip coastal walking trail directly across the road * Convenient access to all Malua Bay village facilities A property that offers more than just a place to live – it's a lifestyle, an investment and an opportunity to secure something truly unique in Malua Bay.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
752 m² lot size
House

Property history for 53 Illabunda Dr

2025
Rented
Undisclosed
Leased on 16 Mar 2025 by Neptune Realty
2020
Rented
Undisclosed
Leased on 27 Apr 2020 by Neptune Realty

Happy sellers in Malua Bay

86%
86% of sellers in Malua Bay reported that their sale price either exceeded or met their price expectations.

Malua Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Malua Bay over the last 12 months.

Local market activity for 5 bedroom houses in Malua Bay

In the last 12 months, 8 five-bedroom houses similar to 53 Illabunda Dr, have been sold.

This represents a 40% increase in five-bedroom houses sales when compared to the previous 12 months.

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