114/196B Stacey Street, Bankstown NSW 2200

1-bed apartment with garage | 84m² floor area | flood overlay present | FTTP internet | 5G mobile coverage This property offers a notably generous floor area for a one-bedroom unit, a clear competitive advantage in a market where compact layouts are standard. The inclusion of a dedicated garage space further strengthens its positioning, appealing to owner-occupiers seeking practical storage or secure parking. Located within the Canterbury-Bankstown LGA and with reliable NBN FTTP and 5G coverage, it suits professionals or downsizers who value connectivity and space over premium finishes. The recent sale of a larger unit in the same complex at $520,000 suggests solid demand for this building. The identified flood overlay is the primary risk, requiring immediate due diligence on insurance costs and council flood mitigation plans. This may limit buyer pool and resale liquidity, but also creates negotiation leverage for a buyer willing to investigate further. The property’s classification as residential with no bushfire or heritage overlays reduces complexity. For a buyer who can manage the flood risk, the combination of generous floor plan and garage in a well-connected suburb presents a value opportunity where others may hesitate.