1B Centaur Street, Padstow NSW 2211

Dual-living duplex in family suburb | Double brick with separate granny flat | Income flexibility for investor or multigen buyer | Land size needs title verification The buying case for this property rests on its dual-living configuration within a well-positioned family suburb, a structure that is genuinely rare in this price band. The separate granny flat creates an immediate income offset or multigenerational privacy that most single-dwelling houses cannot offer, and the double brick construction signals lower long-term maintenance. This property serves an investor seeking yield with capital growth or an owner-occupier wanting to reduce mortgage costs via rental income, and its location in Padstow offers solid commuter and school access. The primary risk is the land size discrepancy between 497 and 503 square metres, which, while small, must be confirmed via title search before any offer. The granny flat’s legal status and separate metering also require verification, as unapproved accommodation can limit financing and insurance options. The opportunity lies in the property’s flexibility: a buyer can live in one dwelling and rent the other, or hold both as a single investment, and the family-oriented suburb supports consistent tenant demand.