24 Kananook Cres, Belmont North NSW 2280

6 bedrooms in private pocket | renovated with self-contained studio | north-easterly aspect | land size ~640sqm This property presents a rare configuration for Belmont North, exceeding the typical three-to-four bedroom stock and offering a versatile, multi-generational layout with a self-contained studio. Its generous land parcel in a prestigious, private locale, coupled with a prized north-easterly aspect, positions it strongly for a modern family seeking space and flexibility. The comprehensive renovation and addition of two bedrooms since its sale last year signal a turnkey product for a buyer prioritising immediate utility over a project. The primary decision point is the premium commanded for its unique size, which must be validated against sparse comparable sales. The 2023 resale after renovation suggests a rapid value-add play; your offer must discount for the vendor’s profit margin and acquisition costs. For a long-term holder, the studio creates rental or dependent accommodation options, but the single-level build on a large block may limit future expansion value. Secure a Propcred report to pressure-test the listed guide against true market valuation and detail locality-specific risks, from zoning to insurance exposures. The most direct comparable is the property itself, sold as a 4-bedroom house for $1,050,000 in March 2023. The subsequent renovation and reconfiguration to 6 bedrooms fundamentally alters its utility and value, making past price a baseline for the vendor’s improvement costs rather than a direct market comparison. This history underscores the need for a current, independent valuation to assess the reasonableness of the current asking premium.