204 Malabar Road

Coastal oasis with flexible living and income potential on a deep level block

This rare coastal property, currently configured as two separate whole-floor residences, offers excellent flexibility for extended families or the option of rental income. Set on a generous 807sqm level block with a deep backyard, it presents an ideal opportunity to craft your dream coastal home. The upper level features easterly ocean views, combining contemporary updates with timeless classical touches. Conveniently located across from the popular Lion and Buffalo Cafe, it's only steps to the coastal walk, scenic parklands, and ocean baths, with Coogee and Maroubra beaches just minutes away. - Quality renovations on the lower level with open-plan living - Two kitchens, main with stone island and Miele appliances - Covered alfresco terrace with skylights, perfect for entertaining - Sunny backyard oasis with potential for a pool (STCA) - Spacious bedrooms, each with A/C; master includes ensuite - Off-street parking for four cars or a boat, accessible via automatic gates - Classic Art Deco facade, double brick construction, and timber floors