20 Ernest Street Glenwood NSW 2768

Modern duplex in established suburb | Near schools & transport | Recently tenanted | Standard lot & floorplan | Brick veneer construction This property presents a standard housing solution in a functional location, with its primary risk being the limited capital growth typical of a common duplex form on a small lot in a suburb with high supply. The opportunity lies in securing a tenanted, low-maintenance property that serves as an entry point into the market. It is best held as a straightforward rental investment, not as a primary vehicle for significant appreciation. Its competitive strength is its move-in readiness and proven rental demand within a predictable streetscape of similar properties. The three-bedroom, two-bathroom configuration with dual living areas offers broad tenant appeal. This property serves first-home buyers seeking affordability or an investor wanting a simple, occupied property with manageable upkeep. Given its alignment with area comparables, immediate due diligence on strata arrangements and a building inspection is the logical next step. Nearby sales on Ernest Street provide a clear value benchmark: – 3 Ernest St sold for $1,290,000, renting at $780 per week. – 9 Ernest St holds an estimated value of $1.25 million. – 18 Ernest St is estimated at $1.273 million on a similar 249m² lot. This data confirms the subject property’s estimated value is consistent with recent street transactions, establishing a firm market position.