195 Terry Street Connells Point NSW 2221

Elevated water views | Four-level brick residence | Premium Connells Point position | Land size over 600sqm | Discrepancy in bedroom count The primary risk is the significant gap between the advertised price guide and the lower estimated market valuation, indicating a potential premium for the view and position that may not be substantiated by broader market metrics. Without recent comparable sales data, accurately assessing this premium is challenging, exposing a buyer to overcapitalisation. This property is best suited as a long-term hold for an owner-occupier who will fully utilise its unique attributes, as the investment logic for a speculator is unclear without rental yield or development data. Its competitive strength lies in its rarity as a substantial, solidly constructed residence on a large block at one of the suburb’s highest vantage points, a combination seldom available. The sweeping water views and double-brick construction on a concrete slab command a premium, serving a buyer seeking a permanent, high-amenity family home rather than a transactable investment. This is a specific property for a specific buyer profile where lifestyle value is paramount. To determine if the asking price aligns with its tangible value, a detailed, on-the-ground comparative sales analysis is the essential next step.