16/10 Gilroy Road, Turramurra NSW 2074

North facing | 2BR/2BA | Parq Turramurra | No overlays but risk in price runway | $885 pw rental floor The property holds one clear cost disadvantage: buyers are paying a premium for a 2612m² parcel but securing only 1 car space in a development that competes with newer Turramurra stock. The $930k–$1.23m range is wide, and the upside narrows if comparable sales settle below $1m, where the rental yield of ~4.3% becomes the only anchor. The absence of flood or bushfire overlays is standard, not a differentiator. This should be held for owner-occupation with a 5-year horizon, not a flip. What’s competitively rare is the north-facing orientation and covered balcony in an apartment that feels like a light-filled standalone unit, not a generic box. For a downsizer or professional couple wanting Wahroonga Public School catchment without a house, it offers immediate liveability. The FTTP and 5G support remote work, but the real edge is the private garage-uncommon at this price point. To move forward, request the latest strata report and a pest inspection of the common property.