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 Kotaraโs 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 propertyโs 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
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.