11/1-3 Morotai Avenue, Riverwood NSW 2210

Spacious three-bedroom unit | 113m² internal area | Two parking spaces | Low-maintenance Riverwood living | Strong rental yield potential This property presents a compelling buying case for those seeking a generously proportioned three-bedroom unit in a well-connected Sydney suburb. The 113m² floorplan is notably larger than typical apartment offerings, providing genuine space for families or downsizers without the maintenance of a freestanding house. The inclusion of two parking spaces further differentiates this unit from most competitors, addressing a common pain point for multi-car households. Positioned in the heart of Riverwood, the property offers convenient access to transport and amenities, making it particularly suited to owner-occupiers who value space and practicality over prestige location, or investors targeting stable, long-term rental demand. The primary risk lies in the absence of recent comparable sales data, with the last transaction occurring in 2009, creating uncertainty around precise market positioning. However, this also presents an opportunity for a buyer to negotiate based on the current estimated value range rather than inflated vendor expectations. The strong rental yield of 4.47% provides a solid income floor, reducing downside risk for investors. No flood, bushfire, or heritage overlays have been detected, which simplifies due diligence. The property’s strata arrangement on a 1193m² lot suggests potential for future capital growth as land values appreciate, while the low-maintenance nature of the unit appeals to time-poor professionals.