4 Lake Entrance Road Oak Flats NSW 2529

3 bed house on 697m² lot |Listed $870k-$930k |Tenanted to Oct 2026 |$903k est value | 32% site coverage. This three-bedroom house on a 697m² block suits investors seeking rental yield or renovators eyeing land potential in a school catchment area. The generous lot size delivers ample space for extensions or a full rebuild, with current 224m² building footprint leaving room for practical enhancements like added parking or outdoor living. Positioned in a residential street free of bushfire flood or heritage constraints, it blends reliably into the local fabric without standing out as oversized or undersized. Investors drawn to immediate income find appeal here, given the tenancy lock-in and estimated $705 weekly rent aligning with upper quartile yields. First-time families or downsizers may also consider it for the double garaging and fully fenced yard that support everyday needs. Comparable three-bedroom homes on similar blocks in the area have held steady through market cycles, buoyed by proximity to Oak Flats Public and High Schools. The NBN fibre and 5G coverage add quiet utility for remote work or modern living demands. Long-term, the near-700m² land bank underpins holding value, as scarcity of such parcels supports steady appreciation amid regional growth pressures. Its last sale in 2007 underscores a profile of stable ownership rather than frequent turnover.