109 Chatham Road, Denistone NSW 2114

Single-level full brick | First offering in 60 years | 720sqm+ Denistone block | 18m frontage | Family hold appeal This property’s competitive strength lies in its combination of a rare full brick build, a generous land parcel exceeding 720sqm with wide frontage, and the fact it has been held for nearly six decades,signalling minimal deferred structural risk and a genuine opportunity to secure a solid family home in a tightly held pocket. For a buyer seeking a long-term base in a high owner-occupier suburb with strong school catchment access, the configuration offers immediate liveability and future renovation optionality without the premium of a fully updated house. It serves best a family or investor prioritising land depth and street presence over cosmetic finish. The primary risk is that the single bathroom and dated interior may limit appeal to a narrower buyer pool, potentially extending days on market or requiring a price adjustment if the market softens. However, the recent sales history on Chatham Road shows consistent demand for three-bedroom homes, and the 18m frontage supports a future subdivision or extension,though no planning work has been done. The commercial logic is to buy at or near the lower guide, hold for the land value trajectory in Denistone, and renovate the bathroom and kitchen incrementally to lift rental yield above the $1,000pw median. Use this property as a land bank with immediate occupancy.