159 Invercauld Road, Goonellabah NSW 2480

3 beds | 1 bath on 747m² | 272m² building | Lismore LGA no overlays The property presents a rare configuration advantage in Goonellabah — a large 272m² floorplate on a flat 747m² block with no flood, bushfire or heritage constraints. For a buyer wanting space without strata or overlay risk, this is competitively strong. The 8m roof height and 36% ground coverage signal scope for future vertical or lateral expansion, though council due diligence is needed. It best suits a family or investor seeking a long-hold with rental upside, given the $655 per week estimate against a $742k valuation — a gross yield near 4.6%, which is firm for the region. The key risk is the single bathroom, which caps appeal for families and may slow resale. The 2014 last sale date suggests limited turnover, but the 85% owner-occupancy on the street indicates stable demand. The property holds well as a buy-and-hold: the NBN FTTP and 5G coverage support remote workers, and the school catchments add tenant depth. Use it as a core residential hold with a view to adding a second bathroom or extending within the generous footprint when equity allows.