10/11 Webb Street, Riverwood NSW 2210

2-bed unit in established block | 79sqm on large 1822sqm site | strong 17-year capital growth | Riverwood proximity to transport and amenities This property presents a rare buying case: a compact two-bedroom unit within a multi-unit building sitting on a generous 1,822 sqm lot, which gives the land component meaningful long-term redevelopment optionality. The 79 sqm floor area is functional for a couple or downsizer, and the single parking space aligns with typical inner-ring demand. The building’s sales history shows consistent capital appreciation, with a similar unit achieving $630,000 in July 2025, supporting the current valuation range of $670,000–$682,000. For a buyer seeking established suburb exposure with land leverage rather than a strata-titled apartment, this unit offers a positioned entry point into Riverwood’s gentrification corridor. The primary risk is the building’s age and potential for future special levies, which may compress short-term yield for an investor. The large lot size also introduces uncertainty around future development applications that could affect quiet enjoyment. However, the location near Riverwood station and local retail offsets this with steady rental demand from commuters. The buyer should hold this property for at least five to seven years to capture the land value uplift, and consider it as a long-term hold rather than a flip.