19/173-179 Bronte Road, Queens Park NSW 2022

1-bed modern apartment | secure complex with parking | Queens Park blue-chip pocket | strong building resale record. This apartment sits in a well-regarded eastern suburbs complex where prior sales confirm sustained demand for this floorplan size, with a 1-bed unit achieving $1.12m recently. The 77m² lot size is generous for a one-bedroom property, offering a functional layout with built-in robes and a dedicated car space, which is increasingly rare in this price tier. The modern security building and intercom add a layer of appeal for owner-occupiers seeking low-maintenance living in a prime school catchment. For an investor, the rental range of $830 to $890 per week signals consistent tenant interest, though yield will be modest given the price point. The key risk is the gap between the $1.05m asking price and the estimated value of $936k, meaning buyers must negotiate hard or risk overpaying by 10% or more. No flood or bushfire overlays reduce insurance and holding costs, but the property sits in a high-demand area where competition can push prices above sensible entry levels. The building’s track record of 2-bed sales near $1.2m to $1.84m suggests capital growth is tied to the complex’s overall quality, not just this unit. Hold this property for at least five years to recoup transaction costs and benefit from eastern suburbs scarcity.