15 Russell Street, Gormans Hill NSW 2795

Large 1,059m² block | 3 bedrooms (possibly 2) | tenanted at $1,690/month | rear yard access | land-value proposition The competitive strength of this house is found in its exceptionally large 1059 square metre block, a rare attribute for a terrace in Gormans Hill that provides rear yard access and parking for three vehicles. The property is positioned as a land-focused opportunity rather than a standard family home, serving buyers who prioritize site value. The existing tenancy at sixteen hundred ninety dollars per month is expected to attract investors, while renovators may be drawn by the generous allotment near the CBD. The dwelling itself is modest and older, which is not likely to suit those wanting modern finishes, but its block size sets it apart from typical stock. The inconsistent bedroom count may create buyer uncertainty, affecting demand or price expectations. The older dwelling might require a renovation budget that should be weighed carefully, as finish level is unconfirmed. These factors may mean the sale price is driven more by the land than the house.