3 beds on 297m² | inner-north land component | scarce larger block | potential for second bathroom
This property’s primary strength is its land parcel in a high-demand inner-suburban location, offering a rare 297 square metre footprint for a three-bedroom house. This configuration is increasingly scarce and provides a tangible land asset that underpins capital stability and future adaptability, serving owner-occupiers seeking space or long-term investors banking on land appreciation. The discrepancy in reported bathroom and parking counts between sources requires immediate physical verification, as these features significantly impact utility and value.
Proceed with caution due to the lack of direct, recent comparable sales; the 2022 last sale offers no current market benchmark. Your offer must be insulated against the risk of overpaying in a data vacuum by commissioning a formal valuation. The opportunity lies in securing a substantial block where value is fundamentally derived from location and land size, not building finishes. Acquire for hold, leveraging the established school catchments and location to attract stable rental or owner-occupier demand while the land component appreciates.