21 Grenfell Avenue

North Narrabeen NSW 2101

Occupying a 613sqm corner block, this versatile home is boarded by established hedging, sculptural succulents and a broad level lawn. A three-bedroom home occupies the upper level, opening to a wraparound north-east facing terrace where sandstone detailing adds texture and character, while below, a separate two-bedroom flat and additional one-bedroom flat provide flexibility for multigenerational living, extended households, investors or those seeking supplementary income (STCA). Generous proportions, ample storage and multiple outdoor areas enhance day-to-day functionality, while the adaptable layout offers scope to further refine, personalise or reconfigure over time. Close to Woolworths, cafs, bakeries, gyms and buses, with the beach and lagoon walking trails moments away.A standout opportunity for investors, this property is currently returning $2,250 per week delivering an impressive gross rental yield of around 6%. By comparison, residential properties across the Northern Beaches typically achieve gross rental yields of around 3%, making this a rare chance to secure a high-performing investment with exceptional income potential.- Versatile 613sqm corner block with sunny north-east aspect- Three-bedroom home plus two separate self-contained flats- Ideal for multigen living or supplementary income (STCA)- Wraparound terrace, sandstone detailing and district outlook- Functional kitchens with timber benchtops and dishwasher- Three comfortable upstairs bedrooms with master ensuite- Main bathroom with waterfall shower and heated towel rails- Downstairs laundry, additional home office or creative space- Abundant storage for bikes, surfboards or space for home gym- Broad lush level lawn framed by established green gardens- Hedging, succulents and multiple outdoor areas throughout- Three parking spaces plus additional cul-de-sac parking- Moments to shops, buses, beaches and lagoon walking trails