29/9 Mallard Lane, Warriewood NSW 2102

North-facing courtyard | Ground-floor in strata complex | Bushfire and flood overlays present | Strong rental yield potential The apartment’s ground-floor configuration with a north-facing courtyard is competitively rare in the Warriewood strata market, offering private outdoor space that commands a premium among downsizers and coastal investors. Its inclusion of two secure garage spaces further strengthens positioning against comparable units, where single parking is typical. This property suits buyers seeking immediate low-maintenance occupancy with above-median rental return, as the $1,075 weekly estimate implies a gross yield near 4.2% at the lower end of the price guide. Bushfire and flood overlays introduce material insurance and resale friction, narrowing the buyer pool and potentially adding $2,000–$4,000 annually in premiums. The strata report is essential to verify sinking fund adequacy and any special levies tied to the 6.45 ha shared lot. Opportunity lies in negotiating a discount against the $1.18m–$1.32m range given these overlays and the project’s median of $1.28m. Hold as a long-term rental or occupy for lifestyle, but exit timing should avoid peak fire season listing.