24 Britain Street, Leura NSW 2780

3 bed, 1 bath, 613-620m² lot | Updated interior on a generous block | Short walk to Leura Mall | No overlays, strong rental yield potential This property presents a rare combination of a solid, updated interior on a genuinely large lot within walking distance of Leura Mall. For a buyer, the key advantage is the land-to-house ratio; the 613-620m² block with only 35% site coverage leaves significant scope for future extension, a studio, or landscaping that most nearby cottages lack. The updated kitchen and warm timber floors mean the house is immediately livable, removing the need for urgent capital outlay. It serves best a buyer who wants a turnkey home in a prime Blue Mountains village but also values the optionality of the land for later value-add, or an investor targeting the strong short-stay market given the location and lack of heritage or bushfire overlays. The main risk is the single bathroom, which limits appeal for families and may cap resale growth unless a second is added. The lot size variance between sources (613m² vs 620m²) is negligible but worth verifying. The opportunity lies in the zoning and the absence of overlays; a buyer could hold for land appreciation, renovate to add a bathroom, or develop the rear of the block subject to council approval. The rental estimate of $640-$775 per week offers a solid 3.5-4% gross yield at the listing range, making it a viable hold for cash flow while the land does the heavy lifting.