16 Elizabeth Street, Five Dock NSW 2046

Elevated highest point | quiet tightly held street | 512m² large land | 3 bed 2 bath 4 car | scope to update This house presents a rare combination of a large, elevated parcel on a quiet street within a sought-after suburb, offering district views and city glimpses from one of Five Dock’s highest points. The 512m² land size is substantial for the area, and the flexible layout with multiple living areas and four car spaces caters specifically to a growing family seeking space and privacy. Its solid, well-maintained construction provides a secure base, while the acknowledged scope for updates allows a buyer to add value over time, making it a strategic long-term family home. The primary commercial risk is the older build, evidenced by the original bathrooms and outdoor toilet, which implies a future capital outlay for modernisation to realise the property’s full value. The lack of recent comparable sales data in the provided information necessitates rigorous, independent price benchmarking ahead of the auction. Proceed with a clear renovation budget; this house is best acquired as a long-term hold, with updates phased to align with market cycles and personal use.