96 Grayson Avenue, Kotara NSW 2289

96 Grayson Avenue, Kotara NSW 2289
3 bed, 1 bath house | 609sqm opposite park | leased at $800/week | yield attractive for Kotara This property presents a strong proposition for both owner-occupiers and investors seeking a well-presented detached house with park frontage. Its 609sqm landholding is typical for Kotaraโ€™s established residential character, offering a solid footprint for families or those wanting outdoor space. The three-bedroom layout with built-in wardrobes and soft carpeting signals a home that has been maintained to a comfortable standard, while the garage and additional parking add practical appeal. Being directly opposite Nesbitt Park enhances liveability and privacy, a feature that tends to hold value well. The current tenancy at $800 per week indicates healthy rental demand, making this suited to buyers who want immediate income or a move-in-ready home with low vacancy risk. The lease in place may affect owner-occupiers who require vacant possession, potentially limiting immediate use or adding a holding period before occupation. While the home is described as beautifully presented, the single bathroom could be a constraint for families or those planning longer-term occupancy, as it may not match expectations for a house of this size and land value. The absence of confirmed modern amenities like air conditioning or an ensuite means a buyer might need to budget for upgrades to achieve full market potential. Given these factors, the price should reflect both the propertyโ€™s solid fundamentals and the compromises a buyer may need to accept.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 96 Grayson Avenue, Kotara NSW 2289
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Market Insight:

Kotara is a well-established, family-oriented suburb with a stable professional demographic driving sustained demand. This has supported robust recent price growth and a consistently active market. Its appeal as a desirable residential location with strong long-term performance underpins its position, though ongoing affordability pressures remain a key consideration for future growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

601mยฒ

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