109 Garrawilla Avenue, North Kellyville NSW 2155

5-bed house on 583m² elevated block | above-average land in boutique estate | leased history with family finishes | strong catchment schools | quiet enclave near metro This property presents a competitively strong proposition due to its rare combination of an above-average land parcel within a low-density, established enclave. The 583m² block size is notably larger than typical local stock, providing a scarcity premium and space advantage in an area where vacant parcels are limited. Its elevated positioning, modern ducted air conditioning, and fully fenced yard directly serve family buyers seeking a permanent home in the sought-after school catchments, implying sustained demand from a deep buyer pool. The prior lease history confirms its immediate utility as a revenue-generating property. Proceed with the understanding that the premium for land size and position is already reflected in its estimated value. The primary cost is the market price for a turnkey family home in a premium pocket, leaving limited short-term arbitrage. The commercial logic is in long-term holding, leveraging infrastructure growth and the estate’s established character. Acquire as a primary residence for family security or a hold rental, not for speculative gain. Recent comparable sales nearby provide context: – 87 Garrawilla Avenue sold for $1,671,250 as a 4-bed, 2-bath home on a smaller block. This suggests a value anchor, with the subject property’s extra bedroom, bathroom, and significantly larger land size justifying a higher valuation. The sales history confirms strong demand for well-located homes in this street.