410/4-12 Garfield Street, Five Dock NSW 2046

Top-floor unit | rare two-car garage | district balcony | metro proximity | compact footprint This unit commands a competitive edge through its top-floor position and two secure car spaces, a combination almost unheard of for a one-bedroom. The wide balcony and open living capture light and views that typically belong to larger apartments, and the Pendium complex’s lift access and internal laundry remove friction for downsizers or professionals. The coming Five Dock Metro Station anchors medium-term capital growth, and the current rental yield near 4.6% signals strong tenant demand. This property suits a buyer seeking a lock-and-leave base with parking for two vehicles, or an investor wanting a low-maintenance holding in a tightening inner-west market. The main risk is the price gap between the lower estimate of $715,000 and the higher $820,000 Domain figure, meaning the buyer must negotiate from a position of recent sale evidence. The 101m² lot is efficient but not expandable, and the strata management is external, so reports should be reviewed for sinking fund health. The opportunity lies in buying before the metro opens, when proximity premiums typically rise. Hold this property for at least five years, or rent it out for cash flow while the station delivers value uplift.