37 Bruntnell Street, Taree NSW 2430

renovated 1950s house with separate studio | large 1012sqm block | 2-bedroom layout limits some buyers | established rental income history | Taree low-density suburban setting The strength of this property is found in its unusually large 1,012 sqm block, which is paired with a renovated house and a separate studio. This configuration is valued for its versatility by buyers wanting extra space for work or guests within an established suburban setting. The 1950s build is noted for its period character, while recent updates are included to reduce immediate renovation needs. The property is best suited for investors attracted to the recorded rental income or for owner-occupiers seeking a low-density lifestyle with room to expand. Polished timber floors and air conditioning are added to the liveability. The two-bedroom layout may be seen as limiting appeal in a market where three bedrooms are more common. The 1950s construction, despite renovations, might be associated with maintenance needs that a newer home would avoid. The large land size could be considered a value driver if future subdivision is permitted, but this is unconfirmed. The established rental yield should be weighed against the narrower buyer pool by buyers.