16/135-137 Pitt Street, Merrylands NSW 2160

Modern 2-bed 2-bath apartment | Strong yield potential near Parramatta | Covered balcony with secure parking | Broad appeal to investors and first-home buyers This apartment’s 2-bedroom, 2-bathroom configuration with secure basement parking and a covered balcony places it above typical entry-level stock in Merrylands. The generous 104 m² building size offers more space than many comparable units, while the contemporary finishes and strata management suggest a well-maintained building. It is best suited for investors seeking solid rental returns, with estimated yields around 6.1%, or first-home buyers wanting a modern, low-maintenance home near Parramatta’s employment and transport corridors. The property’s value may be influenced by its lack of standout features such as a premium aspect or high floor level, as these details remain unconfirmed. Its location in a high-density residential area means competition from similar apartments could moderate price growth. Buyers should weigh the benefit of strong rental demand against the possibility that the unit may not command a premium over comparable stock without verified unique attributes.