21/59 Wrights Road, Drummoyne NSW 2047

Upper floor prestige block | 162m² internal space | 3 bed 2 bath 2 car | Superb panoramas | Auction campaign This unit presents a rare configuration for the suburb, combining a generous 162 square metre internal area with two parking spaces in a prestige building, a combination that exceeds typical apartment stock and targets the family or professional seeking space without compromising on location. The upper-floor positioning and noted panoramas capitalise on the Drummoyne peninsula’s geography, offering a permanent aspect advantage that cannot be replicated in lower-level offerings. It serves a buyer for whom internal volume, light, and outlook are primary drivers, effectively competing with larger townhouse formats while providing the convenience and security of an apartment block. The established school catchments and the property’s recent sales history suggest a holding pattern of medium-term ownership, aligning it with a lifestyle purchaser rather than a short-term trader. Proceed with the understanding that the auction format and lack of disclosed price guidance introduce pricing risk, requiring a firm budget cap to avoid overcapitalisation in an unverified market. The absence of detailed comparable sales data in the brief necessitates independent validation of the 2019 sale price and a urgent search for recent settlements in the immediate precinct to anchor your bid. The opportunity lies in securing a disproportionately large floor plan in a known location; the commercial logic is that land scarcity in Drummoyne will continue to favour oversized apartments with multiple car spaces. Acquire this for long-term occupation to fully realise the value of its spatial offering, as its strata-titled structure limits land value appreciation, making it a superior home rather than a pure investment vehicle.