5 Gleneagles Avenue, Heddon Greta NSW 2321

4 bed brick home with dual income potential | Low risk location | Granny flat plans approved | Strong rental yield opportunity This property presents a rare configuration edge in Heddon Greta: a 230m² home on a 571m² lot with pre-drawn granny flat plans. The dual income potential,primary residence plus secondary dwelling income of $500–$550 weekly,effectively offsets holding costs and lifts total rental yield above 5%. For a buyer seeking owner-occupancy with income supplementation or a pure investment play, the house is competitively positioned. The master suite with walk-in robe and ensuite, separate media room, and covered alfresco area meet modern family expectations, while the low-maintenance brick and tile construction and absence of bushfire, flood, or heritage overlays remove common acquisition risks. The primary risk is the subdued local sales evidence,no comparable sales on Gleneagles Avenue in the last 12 months,which may lengthen exit timelines. However, the street’s average owner occupancy of over seven years signals stable demand from long-term residents, not speculative turnover. The opportunity lies in executing the granny flat build promptly to secure dual income and boost equity. This property should be held as a medium-term core holding, not flipped.