112 Blakesley Road, South Hurstville NSW 2221

3 bed, 1 bath, 1 car | 644m² level block | no overlays | redevelopment angle with neighbour The property’s primary buying case rests on its 644m² residential block in a well-connected suburb, free of bushfire, flood, or heritage constraints. This clean planning status, combined with the older timber cottage already improved and livable, means a buyer can occupy immediately while holding for medium-term land value appreciation. The adjoining site’s concurrent marketing adds a rare consolidation opportunity, strengthening the position for a future knock-down rebuild or dual-occupancy development, which makes this most suitable for a buyer with a patient, value-add strategy rather than an immediate renovation flip. The principal risk is that the existing 106m² building and single car space limit rental yield, and the estimated $725 per week income will not cover holding costs in a rising rate environment. The key opportunity cost is failing to secure the neighbour; without that, the redevelopment upside is constrained to a single dwelling on a standard block. The practical logic is to buy, occupy or rent, and monitor the adjoining lot’s sale as a trigger for a combined DA. Hold for land, not for the house.