2 Raymond Avenue, Warrawee NSW 2074

Single-storey 2000 build on 562m² | Warrawee east-side tree-lined setting | Renovate or rebuild opportunity | School-led family demand | Low yield but land content A single-level three-bedroom house from 2000 on a 562m² lot is considered modest in Warrawee’s prestige landscape, yet that is precisely its strength. The property occupies a quiet east-side street known for family appeal, with existing ducted air conditioning, floorboards, a deck, and a courtyard making it immediately liveable while retaining substantial upside. It is best suited to buyers who value a North Shore address and land position over a turnkey trophy home — either as a renovate proposition or a future knockdown rebuild subject to council approval. The configuration and site size align well with family upgraders and long-term holders seeking an established pocket with school proximity without the premium of a larger estate block. Value is most affected by the land size, which is smaller than typical Warrawee holdings and may limit redevelopment scope for some buyers. A low gross yield near 2.4% reinforces that capital appreciation, not rental return, drives demand here. The single-storey design and 2000 build avoid heritage constraints, but any substantial works would be shaped by local planning controls. Aspect has not been confirmed, so orientation should be verified on inspection. Absent recent nearby sales, price should be weighed against broader land value trends in this corridor rather than comparable house premiums.