17A Tara Street, Sylvania NSW 2224

Waterfront rarity | 1584m² land | north-facing views | renovation blank canvas | first time in 60 years This property’s competitive strength is the combination of a deep 1,584m² waterfront lot with north-facing orientation in a tightly held enclave,a configuration that rarely transacts. The 314m² building footprint at 20% site coverage offers considerable repositioning upside, and the self-contained downstairs accommodation supports dual-occupancy or extended family use. It suits buyers seeking a long-term land bank with immediate lifestyle value from the pool and views, while the first sale in 60 years suggests motivated vendor conditions. The principal risk is the quantum of renovation required to reach trophy-home standard, which carries cost and timeline uncertainty in the current construction market. The townhouse classification on Domain may narrow buyer perception and affect exit strategy if not corrected. The opportunity lies in acquiring a prime waterside site at a discount to finished product, with value-add potential through a phased renovation. Hold for capital growth on land alone, renovate when market conditions align.