256 Princes Highway, Dapto NSW 2530

3-bed house on flat 628m² block | original owner 50 years | positioned for renovation | FTTP & 5G | overlays: bushfire, flood, heritage This property presents a strong foundation play on land value in a mature location. Its core strength is the flat, substantial block held in solid original condition, offering a renovator or builder a rare blank canvas with full fibre connectivity. It serves a buyer seeking to secure a footprint in a long-held location, with the lot size and building coverage ratio providing clear scope to add value through modernisation or extension, well-suited to an owner-occupier or builder-developer. Proceed with explicit cost allowances for overlay compliance. The bushfire and flood overlays necessitate specific reports and potential construction upgrades, directly impacting renovation budgets and feasibility. The heritage overlay, while not detailed, may restrict external changes. The commercial logic is to acquire at a price that fully discounts this compliance work and the property’s dated condition. This is a hold-and-improve proposition; its value will be extracted through capital investment, not passive holding. Recent sales context for the property itself indicates a prior transacted range of $790,000 to $840,000. This establishes a historical benchmark, suggesting the current price guide is positioned at a discount to its own recent market performance, pending any material change in conditions or disclosures.