78 Peel Street, Holbrook NSW 2644

3-bed brick veneer on 1012sqm | deceased estate in sound order | ideal for first-home or investor | rear lane access adds flexibility This property presents a rare combination of size and structural integrity within the Holbrook township. The 1012-square-metre lot, with only 25% site coverage, offers immediate expansion potential that is uncommon for a home in this price bracket. The steel-framed construction, large open-plan living, and reverse-cycle air conditioning mean the house is move-in ready, which reduces the holding cost for a first-home buyer or the initial outlay for an investor. The rear lane access and double lock-up garage further improve its utility, whether for a tradie, a family needing secure storage, or as a future subdivision prospect. The primary risk here is the single bathroom and toilet, which may limit appeal to families seeking a second bathroom and could cap long-term capital growth in a rising market. However, this also represents an opportunity: the generous floor plan includes a separate office that could be converted, and the large block allows for a future extension without compromising outdoor space. The deceased estate status often means the property is priced to sell quickly, and with no environmental overlays and strong local school catchment, the downside is limited for a buyer with a medium-term horizon.