54/144-148 High Street, Penrith NSW 2750

Corner unit, 110sqm internal, strata complex, central Penrith, 55% owner-occupied. This unit offers a rare internal footprint for its category, exceeding typical two-bedroom apartments by a significant margin. The 110 square metres provide genuine liveability and a configuration edge over newer, smaller stock. Its position within a complex with majority owner-occupiers signals more stable management and lower turnover risk, which supports long-term value. The property suits a buyer seeking a larger, well-located unit in a proven suburban centre, either as a primary residence with space to spare or as a lower-maintenance alternative to a house. The principal risk lies in the strata structure and its associated costs and governance, which require close review for sinking fund adequacy and recent special levies. The 45% rental component introduces some tenant turnover, though this is moderate for the area. The buyer’s opportunity is to acquire a unit with a floor plan that will remain desirable as downsizers and professionals seek space without a house. Hold this property for medium-term capital growth driven by Penrith’s ongoing infrastructure investment, or use it as a solid rental with appeal to quality tenants.