8A Merrenburn Avenue Naremburn NSW 2065

Federation renovation | 316sqm near Metro | Owner-occupier street | Designer kitchen with banquette This house offers a rare combination of a fully renovated Federation shell on a compact but usable 316sqm lot in a street with 90% owner-occupancy. The recent renovation—particularly the new kitchen, open-plan living with banquette, and skylit bathroom—removes the need for immediate capital outlay, which strengthens a buyer’s negotiating position. It suits a professional couple or small family seeking a low-maintenance, character home within walking distance of the Crows Nest dining hub and Metro, in a catchment for Cammeray Public School. The ducted air conditioning and hardwood floors add genuine liveability, while the underhouse storage is a practical bonus for this property type. The main risk is the -1% suburb growth, which suggests limited short-term capital appreciation, and the price-per-square-metre of $8,228 is above the suburb median, meaning the buyer pays a premium for the renovation and location. The rental yield of 2.2% is low, so this is not an income-driven hold. However, the owner-occupier street profile and Metro proximity provide a floor for demand. The opportunity is to secure a turnkey property in a tightening market where renovated stock is scarce. Hold for at least five years to let location and scarcity compound value.