2/402 Lyons Road, Russell Lea NSW 2046

freestanding house on 302sqm | period charm updated | strong Five Dock amenity | low overlay risk | auction May 30 This is a genuinely rare offering in Russell Lea: a freestanding family house on a manageable block, not a townhouse or villa. The combination of high ornate ceilings, polished timber floors, and a covered alfresco flow gives it a liveable character that most renovated semis in the area lack. For a buyer seeking a low-maintenance home with strong school catchment appeal and proximity to the future Five Dock Metro, this property sits in a sweet spot where period detail meets practical modern layout. The separate study and double-glazed windows reinforce its suitability for professional couples or young families who want space without the upkeep of a larger block. The major risk here is data inconsistency across portals, particularly a misleading 707sqm land figure that could distort buyer expectations. The correct site is approximately 302sqm, which is tight for further subdivision but perfectly adequate for a freestanding home. No flood, bushfire, or heritage overlays reduce due diligence friction. The rental estimate around $1,175 per week provides a credible fallback if plans change, though the owner-occupier demand in this pocket is strong given the 65% owner mix and only six recent street sales. The opportunity is in the auction format: if buyer turnout is subdued by the conflicting data, a disciplined bidder who has verified the actual dimensions may find less competition than expected.