2/637-643 Princes Highway, Blakehurst NSW 2221

2-bed unit with 2 car spaces | Blakehurst in Georges River catchment | No flood or bushfire overlay | Strong rental yield relative to value This unit offers a rare configuration for a two-bedroom flat—two dedicated car spaces—which materially strengthens its appeal to owner-occupiers and investors in a market where parking is often constrained. The estimated rental return of $645 per week against a $731,000 value implies a gross yield above 4.5%, putting it ahead of many comparable units in the area. Being in the Bald Face Public School and Blakehurst High School catchments adds a layer of demand from families, while the absence of bushfire, flood, or heritage overlays reduces due-diligence friction. The property suits a buyer seeking a low-maintenance investment with solid rental fundamentals, or an owner-occupier wanting functional parking and school access without a house price tag. The main risk is strata-related: the unit sits within a complex on a 1,707 m² site, meaning levies, sinking fund health, and any special levies for building repairs must be verified before commitment. The address appears inconsistently across data sources, so the contract must confirm the exact unit boundaries and any shared site obligations. The opportunity lies in the large site area relative to the unit size—if the complex is well-managed, the land component may offer better long-term value than a typical small strata block. No planning overlays were detected, but a title search and strata report are essential to confirm no hidden constraints or upcoming capital works.