1106/1 Paddock Street, Lidcombe NSW 2141

2 bed, 2 bath high-rise unit | Lidcombe’s growth corridor | No current listing, estimated ~$990k | Limited comparable data This property presents a rare opportunity to acquire a well-configured two-bedroom apartment in a suburb undergoing steady densification and infrastructure upgrades. The 2-bed, 2-bath layout is a sought-after configuration for owner-occupiers and investors alike, offering genuine separation of living and sleeping zones. Its position within a larger complex on Paddock Street places it within walking distance of Lidcombe Station, retail, and dining—key demand drivers for professionals and downsizers. The estimated value of approximately $990,000 suggests a premium over recent sales of smaller or lower-floor units in the same complex, reflecting the scarcity of this floorplan and the building’s likely newer construction or superior finishes. The primary risk is the lack of recent comparable sales for this exact unit, making the valuation an estimate that could shift with market conditions or building-specific factors such as strata levies or special levies. Buyers should verify the building’s sinking fund and any upcoming capital works before committing. There is no sales history, floor plan, or photos available, so a physical inspection and review of strata records are essential. For an investor, rental yield may be moderate given the price point, but capital growth potential is supported by Lidcombe’s proximity to Sydney Olympic Park and Parramatta. Hold this property as a medium-term core holding, targeting owner-occupier resale or stable rental income.