224/28 Ferntree Place, Epping NSW 2121

2-bedroom, 2-bathroom, 2-car apartment | Epping Park Meriton complex | strong rental yield near 5% | dual living spaces with study | FTTP and 5G connectivity This apartment presents a compelling buying case primarily due to its configuration and positioning within the Epping Park development. The dual living spaces, including a separate study and two car spaces, are uncommon for a two-bedroom unit in this price band, giving it a competitive edge for owner-occupiers seeking functional space or investors targeting premium tenants. The estimated rental yield of approximately 5.05% is strong for the area, suggesting robust demand and a solid income return, which makes this property particularly suitable for a buyer prioritising cash flow alongside capital growth in a well-established precinct. The primary risk is the conflicting data on internal area, with one source citing 87m² and another 142m², which could affect valuation and resale; a physical inspection and accurate floor plan are essential to confirm usable space. The property last sold 14 years ago for $610,000, and while this indicates long-term capital appreciation, it also means the current estimated value of around $820,000 may reflect recent market shifts that should be benchmarked against comparable sales. The absence of flood, bushfire, or heritage overlays reduces environmental risk, and the strata context should be verified for levy history and sinking fund health to avoid unexpected costs.