41A Rea Street, Greenacre NSW 2190

Semi-detached duplex | 4-bed | Flood overlay | Canterbury-Bankstown | High rental yield This property presents a competitively sized four-bedroom duplex in a consolidated Sydney council, with a rental yield exceeding local averages, indicating strong investor demand. Its dual living areas and multiple bathrooms suit large families or a dual-income tenant strategy, positioning it as a high-utility holding in a supply-constrained segment. The adjacent comparable sale anchors its valuation, suggesting the current listing is priced at a slight discount to estimated worth. The primary risk mechanism is the flood overlay, which imposes future insurance costs and potential financing complications, directly impacting holding costs and liquidity. The extended period since last tenancy requires a detailed building inspection to assess condition. Proceed with a firm budget for due diligence, targeting a buy-and-hold strategy to capitalize on the yield; the configuration supports stable long-term occupancy, justifying a strategic acquisition within the lower quartile of the valuation range. * **41 Rea Street (Adjacent):** 4-bed, 2-bath duplex on 313m². Estimated value $1,465,000. This direct comparison confirms the subject property’s lot value and configuration, with the subject’s higher bathroom count and listing price representing a logical premium.