1/167 Pitt Street, Merrylands NSW 2160

Ground floor | 3 bedrooms | tandem garage for 2 | leafy courtyard | Merrylands station 500m | flood overlay detected This unit offers a rare configuration edge in the Merrylands market,ground floor with direct courtyard access and a tandem lock-up garage for two cars, features that typically command a premium among owner-occupiers and tenants alike. The polished timber floors, fresh paint, and sunny kitchen with breakfast bar reduce immediate renovation needs, positioning this as a turnkey proposition for first home buyers or investors seeking minimal holding costs. The 633m² strata lot and proximity to Stockland Mall and transport reinforce its appeal as a low-maintenance property with strong rental demand, particularly given the estimated weekly return of up to $695. The detected flood overlay is the primary risk and should be verified through council flood mapping and insurance quotes before proceeding, as it may affect both lending criteria and resale liquidity. However, the property’s location across from Holroyd Gardens and within walking distance to a major shopping centre and train station mitigates this by anchoring it in a high-demand corridor. For an investor, the rental yield near 6% and recent sales history from 2001 suggest long-term capital growth potential if held through a market cycle; for an owner-occupier, the security complex and internal laundry add everyday convenience. Hold this property for steady income or as a first home that requires little more than personal touches.