12/11 Louis Street, Granville NSW 2142

Ground-floor renovated unit | low strata fees | flood overlay present | Granville school catchments | limited comparable sales This ground-floor unit presents a competitively priced, modernised entry into the Cumberland Council market, underscored by its recent high-quality renovations and notably low strata fees. The absence of bushfire or heritage constraints simplifies due diligence. Its position within multiple public school catchments, including Granville Boys High, makes it particularly suitable for an owner-occupier seeking convenience or an investor targeting family tenants, given the established rental history in the building. The primary financial risk is the identified flood overlay, which may impact future insurance premiums and requires immediate verification. While the single comparable sale suggests relative value, the data scarcity demands a conservative valuation approach. Proceed with a building and pest inspection that includes specific flood risk assessment; this property is best held as a long-term rental, not a short-term trade. * Apartment 27/11 (same building): Sold for $470,000 in November 2025. * This transaction, the only direct comparable, provides a credible benchmark, indicating the seller’s estimated value range is reasonably anchored in recent market activity for the complex.