4/258-262 Port Hacking Road, Miranda NSW 2228

3-bed townhouse | Miranda high street walkable | no flood or bushfire risk | 2147m² on strata | last sold 2017 for $842k The property’s strongest buying case is its land component within a strata plan—2147m² is unusually large for a townhouse, implying future redevelopment optionality or at minimum a buffer against neighbouring density. The open-plan layout and decked yard suit families wanting indoor-outdoor flow without the maintenance of a freestanding house, and the 2017 purchase price of $842k suggests equity growth of around 70% in seven years, which signals strong micro-location demand. It serves best a buyer who values walkability to Miranda’s retail and transport over absolute privacy, and who sees the large block as a long-term hedge. The main risk is the single bathroom—this limits appeal to families with older children or tenants, and may cap resale velocity compared to two-bathroom competitors in the same complex. The current listing uncertainty (off-market in one source, for sale in another) could indicate a seller testing price or a withdrawn campaign, which a buyer can use to negotiate below the $1.42m estimated value if the property has been sitting. The absence of flood and bushfire overlays is a genuine underwriting advantage in the Sutherland Shire. Hold this as a core residential position with a view to strata subdivision or capital release in 7–10 years.