308/214-220 Coward Street, Mascot NSW 2020

308/214-220 Coward Street, Mascot NSW 2020
This is a third-floor, two-bedroom, two-bathroom apartment with two car spaces and a study. It sits within a modern, low-rise building on Coward Street in Mascot, a suburb defined by its proximity to the airport and the M1 corridor. The unit is configured with an en-suite to the master and built-in robes in both bedrooms, and it benefits from air conditioning and an intercom system. What is competitively strong here is the inclusion of two dedicated car spaces, a rare find in this price bracket and a feature that immediately sets the property apart from most comparable two-bedroom units in the area. The study adds a layer of flexibility for remote work or as a secondary living space, which is increasingly valued. The property sits in a well-connected pocket of Mascot, close to the train station and the WestConnex M1, making it a strong option for professionals or small families who need efficient access to the CBD or the airport. The rental yield, based on observed market rates, is notably solid for a Sydney apartment, which will appeal to an investor, but the layout and parking also suit an owner-occupier looking for genuine convenience without sacrificing space. The primary factor that may influence value is the building’s age and its position within a larger, shared lot. While the unit itself appears well-maintained, the lack of communal amenities like a pool or gym could be a consideration for buyers comparing it to newer developments in the area. The proximity to the airport, while a convenience, may introduce aircraft noise that is worth experiencing firsthand, as it can vary significantly by floor level and aspect. The absence of specific orientation data means the natural light and outlook are unknowns that could affect desirability. A buyer should weigh these practical, location-based trade-offs against the property’s strong parking and study configuration when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 308/214-220 Coward Street, Mascot NSW 2020
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Mascot presents a market of distinct segments, with its apartment sector demonstrating robust growth, appealing strongly to young professionals drawn by high rental yields and proximity to the city. While house prices have softened recently, indicating a more measured market, the suburb’s high mortgage commitments and rental affordability pressures highlight significant constraints. Future performance will hinge on broader economic factors and the sustained demand from its core demographic within this well-located urban hub.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

3004m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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