7/71-73 Pitt Street, Mortdale NSW 2223

Mid-floor full brick unit | Leafy outlook near station | Renovated with garage | Comparable sold at $780k | Flood overlay detected This property offers a rare combination of a full brick build, a mid-floor position in a small complex, and a renovated interior with a basement lock-up garage — features that typically command a premium in the Mortdale market. The comparable sale within the same building at $780,000 in May 2024 demonstrates strong capital growth and confirms buyer demand for this configuration. The unit is best suited to owner-occupiers seeking a low-maintenance home within walking distance to transport, parkland, and village amenities, as the rental yield sits at the lower end of the range for the area. The detected flood overlay is the primary risk and should be investigated through council flood mapping and insurance quotes before proceeding. However, the mid-floor position and full brick construction mitigate some structural concerns. The opportunity lies in the gap between the current guide price and the estimated value range, which may allow for negotiation if the flood risk is deemed manageable. The recent comparable sale provides a strong benchmark for assessing value.