14 Bouvardia Street Russell Lea NSW 2046

1920s character home | single-level north-facing garden | 2-car lock-up garage | 500m to bayside parks | plans for rear extension This property presents a competitively strong offering for downsizers or professionals seeking low-maintenance, character-filled living in a tightly held location. Its single-level layout, ultra-private north-facing garden, and rare two-car lock-up garage configuration are premium features in this bayside pocket. The approved plans for a rear extension provide immediate value-add potential, enhancing its appeal against typical period stock. It best serves owner-occupiers prioritizing privacy, light, and walkability to village amenities and waterfront parks. Proceed with the understanding that its 75% building coverage significantly limits further structural expansion, a material risk for future development. The valuation premium reflects the garden aspect and scarcity of similar turnkey character homes, justifying a commercial logic focused on long-term hold for personal use. Secure this property for its lifestyle merits and positional rarity. A Propcred report would pressure-test the high accuracy valuation, verify the absence of overlays, and detail locality-specific insurance exposures. Recent comparable sales data is limited, with only one noted sale on the same street and details unavailable. This lack of immediate comparables underscores the uniqueness of this offering but necessitates rigorous, independent valuation to anchor your price position.