1065/9 Grazier Street, Lidcombe NSW 2141

1-bed premium resort unit | flood overlay present | near Olympic Park transport hub | strong rental yield potential This unit offers a competitively strong proposition within a well-regarded, resort-style complex, a rarity for one-bedroom configurations in this location. Its primary edge is the premium building quality and amenity set, coupled with an unbeatable location adjacent to Sydney Olympic Park and major transport, which directly services both owner-occupiers seeking lifestyle and investors targeting consistent tenant demand from professionals. The estimated rental yield is robust for the area, suggesting the property can efficiently service debt. The decisive risk is the flood overlay, which necessitates specialised insurance and may impact long-term capital growth relative to unencumbered properties. The opportunity lies in acquiring a high-amenity unit in a complex where larger, more expensive typologies dominate, offering a lower entry point to a premium address. The judgment is to proceed with a disciplined price ceiling reflecting the overlay, positioning this as a long-term hold for leveraged investors or a low-maintenance home for downsizers. Recent sales in the complex demonstrate a premium market: – 1269/9 (3 bed, 2 bath): Sold $1,400,000 in Jun 2025. – Other activity includes 2-bedroom units with prices withheld. The lack of direct one-bedroom comparables in the complex underscores this unit’s niche; its value must be inferred from the building’s overall premium, suggesting a price well above standard suburb stock but at a significant discount to the larger units traded.