32 Arras Place, Prestons NSW 2170

Modern house on small lot | High 89% building coverage | Quiet, tightly-held pocket | Strong rental yield signals This property presents a highly efficient, modern house on a compact lot, maximising living space within a smaller land parcel. Its high building coverage delivers a townhouse-like footprint while retaining a house title, appealing to buyers seeking low-maintenance, contemporary living without strata fees. Proximity to schools and the absence of overlays strengthen its position for young families or investors targeting the reliable Prestons rental market. The current yield, supported by strong rental demand, offers an attractive entry point. The primary risk is the compressed land size, which may limit future expansion and appeal compared to standard suburban blocks, potentially moderating long-term capital growth. The high coverage also reduces private outdoor space. For a buyer, the opportunity lies in securing a turnkey, low-upkeep property in a quiet location with immediate rental income. Acquire this as a long-term hold for reliable yield, or as a family home where internal space is prioritised over garden size.