21/16-24 Merriwa Street, Gordon NSW 2072

Oversized three-bedroom apartment | North-facing with district views | Walkable to Gordon village and station | Secure block in established complex This unit presents a competitively strong proposition within Gordon’s apartment market, primarily due to its scale and configuration. The approximate 120-square-metre internal floor area and three-bedroom, two-bathroom layout with dual car spaces are rare for the suburb, typically dominated by smaller two-bedroom units. This creates a functional advantage for small families or professionals requiring home-office space, further enhanced by the north-facing orientation and elevated outlook which ensure strong natural light-a tangible quality-of-life benefit. Its position within a secure complex, steps from the village hub and station, strategically serves buyers seeking apartment convenience without compromising on spatial requirements or accessibility to amenities and top-tier schools. The decision hinges on balancing this spatial premium against strata living constraints and a noted flood overlay, which introduces insurance cost and potential resale risk mechanisms. The absence of a precise construction date necessitates a thorough review of strata records for capital works planning. Commercial logic lies in targeting a buyer segment under-served by typical apartment stock; the scarcity of such large three-bedroom units in a walkable location supports long-term capital holding. Proceed with a conditional bid anchored by recent comparable sales, prioritising a strata report to quantify future liabilities, as the property’s unique configuration justifies a premium over standard units but not without disciplined due diligence. Recent sales in the immediate complex and nearby suburbs provide critical context: * 32/16-24 Merriwa St, Gordon: 2 bed, 2 bath, 1 car space (est. $945k) * 5/16-24 Merriwa St, Gordon: 3 bed, 2 bath, 2 car spaces (est. $1.269m) * 1/17-23 Merriwa St, Gordon: 2 bed, 2 bath, 1 car space (est. $655k) * B406/17-23 Merriwa St, Gordon: 2 bed, 2 bath, 1 car space (est. $957k) This data confirms a clear value gradient where three-bedroom units with dual parking command a significant premium, solidifying this property’s position at the upper end of the apartment spectrum in Gordon.