16 Carlton Parade, Punchbowl NSW 2196

4 bed, 1 bath, 531m² | 1945 build, 3 car spaces | Punchbowl tree-lined street, near station | Upper market positioning, no overlays confirmed This property presents a rare combination of a large 531m² block and three off-street car spaces in a tree-lined street close to Punchbowl station, positioning it at the upper end of the local detached house market. The 1945 build offers renovation potential, and the single bathroom configuration, while dated, suggests the price may not yet fully reflect the land value. It best suits a buyer seeking a substantial block in a well-connected suburb, where scarcity of large parcels supports long-term value. The primary risk is the single bathroom, which may limit appeal to families and reduce resale liquidity without an upgrade. The conflicting overlay information requires council verification, as any undisclosed flood or heritage constraint could affect development potential. Conversely, the FTTP NBN and 5G coverage add practical appeal for remote workers. The auction method suggests vendor confidence; buyers should inspect council records and budget for a bathroom addition to maximise future returns. Hold this property for its land content and location rather than immediate rental yield.