302/17 Grosvenor Street, Croydon NSW 2132

Top-floor unit | secure parking | walk to schools & transport | strata report available | Burwood Council area This unit’s top-floor position within a low-risk complex provides a scarcity premium in a suburb dominated by similar stock, serving the entry-level or downsizer buyer seeking security and convenience over space. Its walkable proximity to Croydon Public School and Burwood Girls High School anchors its appeal to education-focused occupants, while the inclusion of air conditioning and secure parking meets non-negotiable demands for comfort and asset protection in this price segment. Proceed with a strata review as the primary due diligence to quantify financial exposure, as building maintenance on a 2302m² site carries cost implications that directly impact yield. The pricing sits at a premium to the estimated market value, so any offer must be justified by the property’s condition and the strata’s health. This unit is a hold proposition for capital stability, not short-term gain, suited to a buyer leveraging its rental demand from transport and school catchments. The last sale in 2017 at $550,000 against a current asking price of $680,000-$720,000 suggests significant appreciation. This historical gain supports the suburb’s trajectory, but the current ask requires validation against recent comparable sales, which are not detailed here. A buyer must establish that the premium aligns with tangible upgrades or superior position within the complex.