118 Balgownie Circuit, Heddon Greta NSW 2321

Corner block with granny flat potential | 2021 construction | Rented at $700/week | Conflicting land size data This property presents a distinct configuration for the area, being a recently built house on a corner allotment with noted privacy and natural light. Its 2021 construction suggests modern finishes and lower near-term maintenance, while the confirmed rental at $700 per week demonstrates immediate income viability. The granny flat potential, subject to council approval, offers a strategic value-add for an investor seeking to boost yield or an owner-occupant requiring flexible living arrangements. It serves a buyer prioritizing a newer build with future development optionality over established neighbourhood character. Proceed with caution due to unresolved contradictions in its fundamental attributes: it is described both as a block of units and a single house, with land size varying significantly between 449 and 592 square metres. This data inconsistency creates material due diligence risk, potentially affecting valuation and development feasibility. Your priority is to physically inspect and verify the actual configuration and title details. If the corner block and granny flat potential are confirmed, the commercial logic for a long-term hold is sound, either as a high-amenity primary residence or a leveraged investment. Treat it as a development opportunity, not a passive purchase.