712/29 East Street, Granville NSW 2142

prime location | modern finishes | strong rental yield | compact floorplan | growth suburb This unit’s competitive strength lies in its immediate proximity to Granville station and retail, combined with modern finishes that reduce immediate renovation costs. The 77m² footprint with a private balcony and basement parking is rare for a one-bedroom in this price bracket, positioning it well for first-home buyers seeking low-maintenance living or investors targeting the 6.1% rental yield. The asking price sits notably below automated valuations, suggesting either a motivated seller or a pricing strategy to attract quick offers. The primary risk is the limited floorplan size, which may deter future buyers seeking more space, and the absence of disclosed strata fees or recent comparable sales within the building. The 2018 sale at $450,000 indicates appreciation, but without direct comps, the upside is unverified. Buyers should commission a strata report and confirm outgoings before proceeding. For an investor, the yield and location support a hold strategy; for an owner-occupier, it offers a functional entry point into a growing suburb near Parramatta.