9/16-24 Chapman Street, Gymea NSW 2227

North-facing unit in Gymea | 144sqm internal with two balconies | Flood overlay detected | Suits owner-occupiers seeking space over land. This unit’s 144sqm internal area and two generous balconies are rare for a two-bedroom apartment in Gymea, giving it a competitive edge over typical compact flats in the same price bracket. The north-facing orientation and secure complex with two garages appeal strongly to first home buyers or downsizers who prioritise liveable space and low-maintenance living over land ownership. The flood overlay is the primary risk, as it may affect insurance premiums and resale liquidity; a professional flood report is advised before committing. However, the property’s size and layout create a clear rental yield opportunity at $720–$820 per week, offering a fallback if the buyer’s circumstances change. Hold this unit as a long-term home or income-producing asset, given its functional floor plan and Gymea’s stable demand.