133 Craigend Street, Leura NSW 2780

4 bed, 1 bath on 729m² | Leura blue-chip pocket | entry-level family house | limited bathroom but strong bones This property sits in a tightly held Leura corridor where 729m² blocks with four bedrooms are rarely available below $1.3 million. The single bathroom is the main constraint but the configuration gives a buyer room to add a second bathroom or ensuite without losing garden space, which matters in this suburb where family buyers pay a premium for land over finish. The dual car parking is a practical edge on a street where off-street parking is often tight, and the house suits either a young family entering the Leura market or an investor targeting the steady rental demand from families priced out of Wentworth Falls. The main risk is the outdated bathroom and kitchen likely needing work within five years, which adds $60,000–$80,000 in deferred capex that a buyer should price into their offer. The 729m² lot is slightly below the Leura median for houses of this age, so extension potential is limited without council approval for a secondary dwelling. The opportunity is to hold for five to seven years as Leura’s undersupply of family housing drives capital growth, or renovate the bathroom and kitchen for a 15–20% uplift in resale value. Buy it for the land position and hold.