12/10-12 Ethel Street, Eastwood NSW 2122

Full-brick three-bedroom | 177sqm internal | two-car parking | 1-minute walk to Eastwood Station This unit offers a rare combination of size and configuration for Eastwood, with 177sqm of internal space, full-brick construction, and two dedicated parking spots. The low strata of approximately $930 per quarter improves holding cost efficiency, while the 45% owner-occupancy rate and average tenure of nearly ten years signal a stable building demographic. The property is best suited to owner-occupiers seeking a spacious, low-maintenance home with immediate station access, or to investors targeting long-term capital growth in a well-located, low-density complex. The primary risk is limited recent comparable sales within the building, with the last similar three-bedroom unit trading at $1.05-$1.13 million in 2021, meaning current value relies on broader market movement. The 55% rental concentration may affect future strata decisions, though the long owner tenure suggests a functional body corporate. The absence of heritage or flood overlays removes regulatory uncertainty. For a buyer, this property should be held as a long-term residence or core rental holding, leveraging its walkability and generous floor plan to outperform smaller nearby units.