261 Kanahooka Road, Dapto NSW 2530

Original cottage, deep block | Renovator’s project with character | Tightly held Dapto pocket | High yield potential for investors The property’s competitive strength lies in its deep 601 m² block and original period features, which are rare in this tightly held pocket. For a buyer, this configuration offers immediate renovation upside or future extension potential, subject to council approval. The detached garage and carport add practical value for tradespeople or hobbyists, while the separate living and dining layout provides a sound starting point. This house best suits a hands-on renovator seeking long-term equity gains or an investor targeting a strong 4.22% rental yield in a growing suburb. The dated kitchen and bathroom represent a known cost that must be factored into the purchase price, as they will require full replacement. No flood, bushfire, or heritage overlays reduce approval risk, but the property’s condition limits immediate occupancy without work. The commercial logic is clear: buy below the Domain estimate of mid $840k, renovate selectively, and hold for capital growth or refinance to a higher-yielding rental. This property should be acquired as a renovation project with a clear budget and timeline.