44 Merino Cres, Airds NSW 2560

Renovated 3 bed on large lot | Campbelltown area | Recently tenanted | Sold 2023 This property presents a strong value-add proposition, having been substantially renovated and tenanted shortly after its 2023 purchase. The 675m² lot size is a significant configuration advantage over typical suburban offerings, providing tangible future equity levers through subdivision potential or extension. It serves the practical buyer seeking a modernised, low-maintenance home with immediate income capacity or a strategic land bank opportunity within a metropolitan growth corridor. The primary risk is the compressed capital growth cycle, with the estimated value increase relying heavily on recent renovations in a suburb lacking transparent comparable sales data. This necessitates a conservative valuation approach. The opportunity lies in securing a turnkey property where the renovation premium may be absorbed by the land component. Acquire as a long-term hold, leveraging the existing rental demand to service the asset while the underlying land appreciates.