2/66 Millett Street, Hurstville NSW 2220

| 3BR strata pressure | double garage offsets congestion | 78% renters dilutes appeal | 274sqm land thins yield | 11 day market chill The primary risk here is the strata format. A three bedroom townhouse on 274sqm of land sounds spacious but you are buying a unit in a four complex block, not a freestanding house. That means body corporate fees, potential special levies, and shared decision making on the common driveway and garden. With 60% of the street rented and only 40% owner occupied, the neighbourhood feels transient, not settled. This softens capital growth because owners are less invested in long term care. The property has also sat on market for just under two weeks without a reported sale, signalling either pricing optimism or a narrow buyer pool. The opportunity is the double lock up garage with internal access and the private backyard, which are rare in Hurstville strata product and give you genuine house like liveability. Hold this as a long term income producing townhouse with moderate upside, not a quick flip. What sets this unit apart is sheer scarcity of configuration. A three bed, two bath townhouse with a separate multi purpose office and underhouse storage on 274sqm of exclusive use land inside a four unit block is almost unheard of at this price point in Hurstville. The location on Millett Street puts you walking distance to Westfield, trains, and quality schools, which anchors rental demand even if owner occupant numbers are low. The kitchen and ensuite are modern, the layout is open plan, and the backyard is genuinely usable for entertaining. This suits a young family who wants space without a full house mortgage, or a downsizer who still wants a garage and garden. The data suggests you are buying a lifestyle advantage over other strata properties in the area. If the comparable sales support a price around the $1.2M mark, then this townhouse represents fair value for its size and amenity. The 2017 sale date and the 11 day listing streak indicate you have negotiating room, especially if the agent is facing a cooling market. Your next step is to request the strata records, particularly any sinking fund balance and recent special levies, then cross check the floor area of 128sqm against the 274sqm land to confirm you are not overpaying for common property allocation.