29 Elabana Avenue, Chain Valley Bay NSW 2259

Vacant residential lot | 620 m² in family suburb | Lake Munmorah catchments | Reliable NBN and 5G | Build-to-suit opportunity This vacant lot is considered well-positioned within a family-oriented suburb where established houses are more common, and its 620 m² size is regarded as sufficient for a standard family dwelling. The property is best suited to buyers who are seeking to build a custom home, as the land offers a rare opportunity in an area with reliable school catchments and modern connectivity. Its competitive strength is found in the combination of land availability and suburban amenity. The property’s value may be influenced by the time and cost required for construction, which might be seen as a constraint by some buyers, but land scarcity in this part of the market is expected to support its desirability. Demand from custom builders and owner-occupiers could underpin its price, while a lack of immediate income might affect short-term appeal. These factors should be weighed when forming a view on price.