10/14A Meadow Cres Meadowbank NSW 2114

Top-floor brick apartment | quiet leafy setting | 5% gross rental yield | strata scheme on large lot This property presents a clear risk in the strata scheme and flood overlay, which can impose ongoing levies and insurance complexities. The opportunity lies in securing a high-yielding investment in a stable suburb, with the unit’s full-brick construction and top-floor position offering durability and privacy. It is best held as a long-term rental, targeting the budget-conscious tenant seeking a quiet location. Its competitive strength is the rare combination of a larger 748m² strata lot and a peaceful, elevated position within a typically dense apartment precinct. This serves the entry-level investor precisely, where the calculated yield provides a solid income foundation against the capital outlay. The available strata report is a necessary due diligence cost to quantify future liabilities. Your next step is to commission the strata report to validate the scheme’s financial health against the evident yield opportunity. * The subject property sold for $420,000 in 2024, establishing a recent price benchmark. * A distinct, nearby property at 14A Meadow Cres has an estimated value of $1,295,000, highlighting the significant value spectrum within the street, dominated by higher-value dwellings. This contrast underscores this unit’s position as an accessible entry point into the locale.