1406/30 Shepherd Street, Liverpool NSW 2170

14th floor | north-west panoramic views | Paper Mill precinct | modern two-bedder with media room | strong rental yield The apartment’s 14th-floor position with north-west views over the Sydney skyline and river is genuinely scarce in Liverpool’s newer stock, giving it a competitive edge that holds value better than ground-level units. The separate media room adds functional flexibility for professionals working from home, and the open-plan layout with stone kitchen and covered balcony aligns with what owner-occupiers and renters in this precinct prioritise. The current rent of $620 per week supports a gross yield near 5%, which is solid for a premium building, and the location within The Paper Mill precinct offers walkable dining and riverside amenity that strengthens long-term demand. The asking price sits at the upper end of estimated value bands, so the buyer is paying a premium for the view, level, and building quality rather than buying at a discount. Strata fees are significant at nearly $7,000 annually, which will compress net returns for investors and should be weighed against the yield. Flood overlay detection on related lots in the precinct means title and strata due diligence is essential, and the absence of confirmed NBN connection on some building records should be verified, though 5G coverage is noted. For an owner-occupier who values outlook and lifestyle over entry price, this unit offers defensible appeal; for an investor, the yield is acceptable only if the purchase price lands near the lower end of the asking range.