38 Grayson Avenue, Kotara NSW 2289

Elevated north-facing block on a quiet street | Reserve outlook with deep backyard | Bushfire overlay present | Long-held property, first sale since 2006 This property offers a rare combination of elevated positioning and north-facing orientation that is difficult to find in Kotara. The deep backyard captures northern sun exposure, and the reserve outlook from the front provides lasting privacy and a sense of space that most houses on standard lots lack. The existing floorplan, with a main living extension and separate family room, gives a buyer optionality for how to use the space. The property is best suited to a buyer who values location and land position over a turnkey finish, and who is prepared to invest in upgrades to capture the full potential of the site. The bushfire overlay introduces additional compliance costs and may affect future renovation or extension plans, so a buyer should budget for a bushfire assessment and any required construction standards. The last sale was nearly two decades ago, meaning the house has not been updated to current market expectations, and the current condition will require capital outlay. However, the land-to-building ratio and the north-facing backyard offer a strong basis for a value-add renovation or a future rebuild. This property should be held for the medium term, with a focus on improving the interior and capitalising on the site’s natural advantages.