210/29 East Street, Granville NSW 2142

Modern complex | near train & shops | high rental yield | flexible study space | 2020 build This unit presents a competitively strong proposition for an investor or first-home buyer, given its high gross rental yield and modern construction within a well-serviced location. The configuration, with a study that can function as a second sleeping space, enhances its appeal to young professionals and broadens its rental market, while the building’s age and warranty mitigate near-term capital expenditure risks. Its proximity to Granville station and essential services underpins consistent tenant demand. The primary financial risk is the strata levy, a fixed quarterly cost that directly reduces net income. The estimated property value currently sits below the asking price, suggesting a negotiation opportunity to align price with market value. Acquire this as a long-term hold for reliable rental income, targeting a purchase price closer to the value estimate to secure the attractive yield.