57 Kunipipi Street, St Clair NSW 2759

Renovated 3-bedroom St Clair house | 627m² block, no overlays | Granny flat potential | Ducted AC, plantation shutters The buying case rests on a recently renovated family house on a full-sized block in a quiet street with no bushfire, flood, or heritage constraints,rare in this price band. The 246m² building footprint leaves genuine room for a granny flat (STCA), which would lift rental yield and resale optionality. The master suite with his-and-hers walk-in robe and spa ensuite, plus ducted air conditioning throughout, positions this as a turnkey home for a family or a low-fuss rental with strong appeal to tenants. The double lock-up garage and covered outdoor area add practical depth. This property suits a buyer who wants immediate occupancy in a growth corridor with future subdivision potential, not a fixer-upper. The main risk is that the $1.34M–$1.39M asking range sits above the estimated value of $1.247M, meaning a buyer may need to negotiate hard or accept a premium for the renovation and block size. The 2023 purchase price of $870,000 shows significant recent uplift, and the rental history of $750/week in 2024 suggests current rent potential may not fully cover holding costs at the upper end of the range. The granny flat opportunity is contingent on council approval, which introduces timing and cost uncertainty. Commercially, the logic is to buy at or below the lower end of the range, hold for land appreciation, and explore the granny flat application within two years to improve cash flow. Use this property as a long-term family home or a core-plus rental with a value-add pathway.