12/54-60 Hassall Street, Westmead NSW 2145

Top-floor security apartment | 2-bed with parking | Established owner-occupier building | Westmead hospital-transit corridor This property’s competitive strength lies in its top-level position within a well-held security complex, offering a quieter living environment and natural light that lower units in the same block lack. The 2-bed, 1-bath, 1-car configuration is the most liquid floorplan in Westmead, and the building’s average 12-year owner-occupier tenure signals stable management and limited renter turnover. For a buyer seeking a secure, low-maintenance base in a suburb with deep institutional demand from hospitals and transport, this unit provides a defensible entry point at a price band supported by recent comparable sales. The flood overlay is the primary risk, potentially increasing insurance premiums and narrowing lender appetite. This is a cost that must be quantified before any offer. The 1991 build means strata levy history and sinking fund adequacy are critical unknowns , a poorly funded reserve could surface special levies. The opportunity is that similar units in the complex have traded in the mid-$500,000s, giving a clear value ceiling. Hold this property as a core residential holding, not a flip, and ensure the flood risk is priced into your bid.