Set against a backdrop of coastal breezes, rustling eucalypts, koalas and absolute serenity, this classic beach house delivers surprising space and an exciting opportunity to renovate or redevelop just 300m stroll to the gently lapping waters of Balnarring Beach.

Peaceful and private down a small cul-de-sac with pastoral land beyond, the well-presented circa-1960s home affectionately known as “Koala Inn” has been delightfully renovated in recent years to almost double its original size, demonstrating scope to continue the refurbishment or clear the land to make way for your dream beachside home (STCA) in this blue-chip enclave.

A vast open floorplan sweeps through two large living areas and sliding glass doors out to a rear alfresco deck and spacious private lawn with ample room to entertain, spark up the firepit beneath the stars, or even install a swimming pool.

Displaying great bones for a contemporary update either now or in the future, the huge kitchen in the heart of the home offers stone-look benchtops, a freestanding gas stove and a walk-in pantry, while a master ensuite and family bathroom in the junior wing have both been fully updated.

High ceilings, polished timber floors, tall picture windows, a gas heater, split-system airconditioning, powder room, European laundry and gated carport are among the inclusions of this Balnarring Beach beauty, only five minutes’ drive to the village and closer to to the gourmet delights of the Tulum Store.