4/29A Great Western Highway, Parramatta NSW 2150

2-bed flat apartment | 57m² internal | 1 car space | Parramatta West Public and Arthur Phillip High catchment | no flood bushfire heritage overlays This unit offers a rare combination of compact efficiency and secure parking in a location within walking distance of Parramatta station and Westfield. The school catchment for Parramatta West Public and Arthur Phillip High is a genuine advantage for families or investors targeting tenants with children. The absence of any bushfire, flood, or heritage overlays simplifies due diligence and future resale. This property best suits a first-home buyer seeking low-maintenance living or an investor chasing a 6.58% yield based on comparable rents in the same complex. The primary risk is the flat’s position on Great Western Highway, which may carry traffic noise and limit capital growth—the only recorded sale in the building grew at just 0.66% annually over nine years. The 57m² internal area is tight for two bedrooms, and buyers should verify storage and layout practicality. The opportunity lies in buying below the street median of $462k–$496k for similar units, offering immediate equity potential. Hold this property for steady rental income, not short-term appreciation.