6/27-31 Miranda Road, Miranda NSW 2228

1-bedroom dual-level townhouse | quiet complex near Westfield | 73sqm internal with courtyard | flood risk detected This townhouse occupies a rare configuration in Miranda: a single-bedroom dual-level floorplan within a quiet complex, offering separation of living and sleeping spaces typically found only in larger homes. The 73sqm internal area with a courtyard and garage positions it as a practical alternative to an apartment for a downsizer or professional seeking privacy without land maintenance. Its proximity to Westfield Miranda and public transport strengthens rental demand, making it suitable for an investor targeting a yield near 2.15% or an owner-occupier wanting a lock-and-leave home. The 2005 build and modern inclusions like air conditioning, dishwasher, and built-in robes reduce immediate capital outlay. Flood risk is the primary concern, potentially affecting insurance premiums and resale liquidity, which a buyer must quantify before proceeding. The value estimate disparity—$767,000 to $1.24 million—signals market uncertainty, so a buyer should commission an independent valuation to anchor negotiations. The property last traded in 2012 for $444,000, suggesting significant capital growth, but current price-on-request listing requires careful due diligence on comparable sales. For an investor, the rental range of $510 to $670 per week offers cash flow potential, though the flood overlay may limit future appreciation. Hold this property as a medium-term income-producing asset or a compact home, prioritising a flood report and strata records before commitment.