242 Park Road, Berala NSW 2141

7-bed dual-income house | 660sqm with duplex potential | Flood overlay present | Berala tight-hold pocket This property offers a rare configuration for Berala: a 7-bedroom house on approximately 660 square metres with 70% building coverage and a wide frontage, making it functionally suited for dual-income rental strategy or future subdivision. The recent renovation, solar panels, and air conditioning reduce immediate capital outlay, while the location in a tightly held pocket with school catchment demand supports stable occupancy. The property serves best an investor or developer seeking immediate cash flow with medium-term uplift via duplex development, subject to council approval. The primary risk is the flood overlay present on the land, which may increase insurance costs and complicate or delay development approvals, narrowing the buyer pool and capping resale velocity. The 1950 build, though renovated, may still carry structural or compliance liabilities not visible in surface condition. The opportunity lies in holding for rental income while pursuing duplex approval, as the land size and coverage ratio are favourable for intensification. Use this property as a cash-flow bridge to a development exit.