3 Lennox Street, Gordon NSW 2072

3 Lennox Street, Gordon NSW 2072
East-side Gordon | non-conservation 1220sqm | wide 24.4m frontage | strong school catchment | substantial family house. This property’s primary buying case rests on a rare combination: a large, level, non-heritage block on Gordon’s prized east side with a wide frontage, paired with a modern, high-functioning family home. The 1220sqm parcel and conservation-free zoning give a buyer significant optionality โ€“ the existing four-bedroom, three-bathroom configuration with multiple living areas and a Bosch kitchen is immediately liveable for a family targeting Killara High, while the land itself holds clear future value for extension or redevelopment subject to council approval. The double brick construction, Jetmaster fireplaces, and established landscaping reduce near-term capital outlay, and the quiet street with walk-to-rail access strengthens resale appeal for the upsizer demographic. The principal risk is price: any premium paid now reflects the land’s development upside, not just the house, so a buyer must underwrite that future value carefully. The east-side location and school catchment compress downside risk, but the property is not a discount entry point. The opportunity is to hold for five to ten years, benefiting from land appreciation in a constrained Ku-ring-gai market, or to lodge a DA for a new home once the family’s needs evolve. Treat this as a land-heavy family home with a strong holding profile โ€“ buy for the block, live in the house.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3 Lennox Street, Gordon NSW 2072
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Market Insight:

Gordon offers a blend of suburban tranquillity with strong city connectivity, appealing to established families and professionals. Demand is driven by this demographic seeking larger homes and accessible apartments, supported by high household incomes. The housing market has softened recently, while the unit segment shows resilience with positive rental yields. Future growth is underpinned by this sustained demand and a market position currently below its long-term trend, though sensitivity to broader economic conditions remains a noted consideration.
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PropCred Estimated Value

Bedrooms

5

Bathroom

6

Parking

4

Land

1220mยฒ

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