33 Garagarang Street, Malua Bay NSW 2536

33 Garagarang Street in the charming seaside village of Malua Bay offers a versatile coastal home with captivating ocean and island views towards Garden Bay, ideal for those seeking a relaxed lifestyle close to the beach. Just a short public pathway stroll of around 300 meters leads to the picturesque, patrolled Malua Bay Beach, complemented by nearby local shops and playgrounds with barbecue facilities, enhancing the appeal for families and outdoor enthusiasts.

This distinctive residence has a commanding street presence with practical features tailored for flexible living, including dual side access suitable for vehicles, boats, or caravans, facilitated by a concrete driveway on one side. The property boasts a double garage, part of which serves as a home office, providing a blend of workspace and secure parking.

The ground floor comprises two bedrooms equipped with built-in wardrobes flanking the main bathroom, alongside a second bathroom with a combined laundry for added convenience. Extensive storage spans beneath the expansive concrete deck along the side of the home, augmenting the functional space. For additional capacity, a sizable 3.4m by 7.5m shed is situated at the rear of the substantial 746 sqm block, perfect for storing boats, caravans, workshop tools, and beach gear, accommodating a range of hobbies and lifestyle needs.

Indoor living centers around an air-conditioned open-plan area accessed via timber deck steps, inviting refreshing sea breezes. The kitchen connects seamlessly to this space, with an outstanding 5.8m by 8.4m solid concrete outdoor deck just beyond, offering striking ocean views and remarkable potential for entertaining. This deck is poised to become the heart of social gatherings, summer barbecues, or tranquil relaxation while enjoying the coastal ambiance.

Future development options exist, with foundations already laid and power and water points positioned to support potential extensions, subject to approvals, providing flexibility for those looking to tailor the home to their evolving needs.

Upstairs lies the master suite, designed with a Swiss Chalet-inspired aesthetic to create a serene retreat separate from the main living quarters. This space includes a private parents’ retreat or study area, adaptable to a variety of uses such as a home office, quiet reading nook, or peaceful escape.

Currently leased with tenants interested in staying until February 2027, the property yields a reliable income stream of $570 per week, appealing to investors seeking a sturdy investment in a sought-after coastal location. Alternatively, it offers an exceptional holiday home with established demand, supported by management arrangements that cater to holiday letting, allowing the owner to enjoy personal usage while generating income during absences. Indicative holiday letting rates vary seasonally from approximately $1,740 to $2,730 per week.

Malua Bay is well positioned with convenient accessibility to local schools such as Broulee Public, Carroll College, and St Peter’s, along with proximity to Moruya Airport, Batemans Bay’s amenities, and regional centers including Canberra and Sydney within reasonable driving distances.

Combining ocean views, versatile living spaces, generous storage, and a sizeable block, this property offers a blend of lifestyle, investment, and practical options well suited to buyers seeking a coastal residence, holiday retreat, or income-producing asset.