384 Mona Vale Road, St Ives NSW 2075

Level land | 696sqm | 2-bed potential | St Ives catchment The property’s primary buying case rests on its level 696sqm plot in a tightly held suburb, where such topography is uncommon and directly reduces future development costs. The single-level layout and built-in robes offer immediate liveability, while the child- and pet-friendly lawns add practical appeal for families. Its position within the St Ives Park Public and St Ives High School catchments, plus walking distance to Sydney Grammar preparatory, makes it a strong fit for buyers prioritising schooling and a long-term hold. The 140-metre bus access to Gordon station and Macquarie University broadens its appeal to commuters and investors alike. The principal risk is the existing two-bedroom configuration, which may limit resale appeal to a narrower buyer pool compared to three-bedroom alternatives in the same price band. However, the level land and absence of significant slope create a clear opportunity to extend or rebuild, adding value without the structural constraints many neighbouring properties face. Rental yield is modest at 2.18%, but the 142% appreciation over 13 years signals strong capital growth in this corridor. Hold for land value appreciation and consider a rear extension when ready to unlock further equity.