306/4 Auburn Street, Point Frederick NSW 2250

Point Frederick flat | 121m² on 1.25 acres | flood overlay present | 2-bedroom with balcony and secure parking | suited to owner-occupier or investor | The property’s configuration is rare for a flat: 121m² of internal space on a substantial 1.25-acre site gives it a footprint more typical of a standalone dwelling, which provides genuine scarcity in the Point Frederick market. The dual parking—one secure space plus a garage—adds practical appeal for a resident or tenant, while the balcony and built-in robes signal a unit designed for comfortable living rather than pure investment yield. This property best suits a buyer seeking a larger apartment with suburban space, particularly those working locally or valuing proximity to Gosford East Public School and Erina High School. The flood overlay is the material risk and will affect insurance costs and resale liquidity, though no bushfire or heritage constraints exist. The Opticomm FTTP and 5G coverage support remote work but are not decisive. The rental yield of roughly 3.9% is modest for the area, so the property works better as a primary residence than a pure yield play. Hold it as a long-term home where the size and location deliver lifestyle value, and treat the flood risk as a known cost to be factored into any offer.