20 Allawah Avenue Elanora Heights NSW 2101

Generous 683sqm block | prime street location | renovation potential | pool & garage This property presents a strong opportunity based on its substantial land holding in a sought-after location, a configuration increasingly rare in established suburbs. The house, while modest in size relative to the plot, offers functional living space with a pool and the immediate benefit of established gardens. It is ideally suited to a buyer seeking a long-term foothold in a premium area, with the financial capacity to either renovate immediately or hold the land for future redevelopment, subject to council approval. The primary decision hinges on the cost of realizing its potential, as any renovation or rebuild requires significant capital and carries planning risk due to the bushfire overlay. The extended settlement from a May auction allows for thorough due diligence. For a buyer comfortable with these project costs, the property represents a strategic land acquisition with existing utility. A Propcred report would validate its market position against recent, undisclosed local sales and clarify bushfire construction costs and insurance implications.