275A Flagstaff Road, Lake Heights NSW 2502

Duplex on 418 sqm | No overlays | Family-friendly Lake Heights | Strong rental demand This is a competitively positioned duplex in a suburb where land size and configuration are becoming harder to find. The absence of bushfire, flood, or heritage overlays removes a layer of due diligence most buyers in this corridor face, and the 418 sqm lot with a 143 sqm internal footprint offers genuine separation from neighbouring units. For a buyer seeking a family hold or a landlord targeting the Berkeley-Illawarra Sports High catchment, the property sits in a demand pocket that leans toward long-term stability rather than speculative growth. The open parking and NBN Fibre to the Node are functional rather than differentiating, but they do not detract. The primary risk is the absence of recent sales history for this specific unit, which means the current list range is built on adjacent comparables rather than a direct transaction trail. The 275B valuation at $912k and 275 Flagstaff at $986k create a narrow band, but any buyer should test whether the internal condition aligns with the higher end of that band. The rental midpoint of $845 per week supports a reasonable yield if purchased near the lower end of the range, but the property is not a high-growth play—it is a steady suburban hold. Buy this for the land, the catchment, and the lack of overlay risk, not for a flip.