11/437-441 Lyons Road, Five Dock NSW 2046

2 bed, 1 bath flat in Five Dock | 2 car spaces rare for this size | north-facing potential in a walkable village pocket This flat sits in a well-positioned block on Lyons Road where the 2-car allocation is genuinely unusual for a 2-bedroom unit and gives it an edge over most comparables in Five Dock. The single-level configuration within a multi-unit complex suits downsizers or investors targeting tenants who value parking over space. Proximity to Five Dock Public School and the future Metro West station reinforces long-term demand from families and professionals alike. The estimated rental yield at $730 per week suggests strong income potential relative to the price point, and the absence of overlay risks simplifies due diligence. The primary risk is the 2222m² lot size likely reflects the entire strata block, not the unit’s exclusive area, so buyers should verify strata levies and sinking fund health before committing. The comparable at 1/437-441 Lyons Road at $1,040,000 suggests limited upside unless the 2-car allocation or north-facing aspect commands a premium. Opportunities lie in the complex’s parking and storage configuration, which may allow for minor value-add through better utilisation or future strata improvements.