18/22 Nagle Street, Liverpool NSW 2170

2-bed unit, third floor | 72sqm internal | lock-up garage | Liverpool Hospital 1.2km | strong rental yield potential This property offers a rare combination of size and position for an entry-level buyer in Liverpool. At 72sqm it is genuinely spacious for a two-bedroom unit, and the third-floor walk-up avoids noise from street level while still being convenient. The lock-up garage is a material advantage in this price bracket, where off-street parking is often shared or absent. The proximity to Liverpool Hospital creates a consistent tenant pool if you choose to rent it out, and the 50/50 owner-renter split on the street suggests stable neighbourhood dynamics rather than transient turnover. For an investor, the gross yield sits around 5.3 to 5.6 percent, which is solid for Sydney’s west. For an owner-occupier, the polished floors and tiled living areas mean minimal immediate work, and the FTTP connection is a genuine plus if you work from home. The main risk is that the kitchen and bathroom are original and will need updating within five to seven years, which will cost roughly $25,000 to $35,000 depending on scope. The listing discrepancies around parking , one source says two spaces, another says one , need to be clarified before any offer, because a single lock-up garage is fine but two spaces would be exceptional value. The property has appreciated over 40 percent since its 2022 sale, so some of the suburb’s growth is already priced in. That said, Liverpool’s median for two-bedroom units is $518,500 and this unit is listed well below that, so there is still headroom. The opportunity is to buy at the lower end of the price guide, hold for three to five years, and renovate the wet areas just before selling to capture the next price step.