1/24A Robertson Street, Coniston NSW 2500

3-bed townhouse on 1,122m² lot | Flood overlay present | Auction guide $800k | High confidence value ~$924k This townhouse presents a rare configuration of a multi-bedroom dwelling on a substantial parcel of land within a suburb transitioning to higher density. The lot size is its primary competitive strength, offering a land component atypical for the typology, which serves a buyer seeking space or future subdivision potential, subject to council planning. The flood overlay is a material risk that necessitates due diligence, as it may impact insurance costs, development feasibility, and future liquidity. The significant gap between the auction guide and the higher confidence valuation suggests a tactical entry opportunity, but only for a buyer prepared to manage the overlay’s constraints. This property is best held as a long-term land play, not a short-term rental proposition. No specific comparable sales data is provided in the sources to anchor the valuation. The analysis relies on automated estimates and the 2016 sale, which is too dated to be relevant for current pricing.