86 Kenneth Street, Longueville NSW 2066
86 Kenneth Street, Longueville NSW 2066
Dual-fronted large lot | Opposite oval | 5 bed, 4 bath, 4 car | Rare 1277sqm | Premium Longueville position
This property presents a rare, large-scale family holding in a tightly held lower north shore suburb. Its dual-fronted 1277sqm parcel directly opposite Kingsford Smith Oval is a configuration almost unseen in Longueville, where typical lots are significantly smaller. The scale, with five bedrooms and four car spaces, offers immediate utility and long-term reconfiguration potential, ideally serving a buyer seeking both premium amenity and future flexibility in an established, high-demand locale.
The decision hinges on paying for positional scarcity. The premium for the oval frontage and oversized lot is material, and the house itself appears secondary to the land value. The opportunity is to secure a parcel that allows for significant future alteration or redevelopment in a suburb where such canvas rarely trades. Acquire for the land’s inherent rarity and hold as a long-term family estate, with the understanding that the existing dwelling may require substantial capital to modernize.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Longueville is a tightly held, family-dominated suburb characterised by premium property values and very low rental vacancy. Demand is driven by established owner-occupiers, with a significant portion of owners carrying mortgages, indicating potential sensitivity to interest rate changes. Recent price trends show some market variability, with high-value houses experiencing moderate sales clearance rates. Future growth is underpinned by extremely limited stock and strong rental growth, though the high entry price and constrained sales volume present a significant supply and affordability constraint.