6A Meurant Street, Glen Innes NSW 2370

3-bed with dual ensuites | 891m² lot with versatile 14x8m shed | 5 total car spaces | bushfire overlay present This property presents a functional, low-maintenance proposition for an owner-occupier seeking space or an investor targeting the family rental market. Its configuration is operationally efficient: two bedrooms with ensuites reduce internal competition, while the substantial machinery shed and multiple parking spaces offer utility that is uncommon in residential zonings. The separate shed creates immediate value, serving as a workshop, storage, or potential income-generating space without compromising the main residence. It best serves a buyer who prioritises practical space over premium finishes. The primary decision factor is the bushfire overlay, which imposes specific construction standards, potential insurance premiums, and may limit future borrowing. The 41% building coverage leaves modest scope for expansion. Given the suburb’s growth and 4.5% rental yield, the commercial logic favours a long-term hold to absorb overlay-related costs. Acquire as a durable holding with dual utility. A Propcred report would pressure-test its valuation against overlay-adjusted comparables, detail the bushfire compliance checklist, and model locality-specific insurance impacts. The property last sold in 2009, with no recent sale price disclosed. This lengthy holding period suggests potential for significant equity growth, but it also means current market valuation requires expert assessment against truly recent sales, not this stale data.