412/149-161 O'Riordan Street, Mascot NSW 2020
412/149-161 O’Riordan Street, Mascot NSW 2020
Large 3-bedroom apartment with two secure car spaces | Rare 161m² footprint in Mascot’s apartment market | Resort-style amenities with pool, gym, rooftop | Strong rental demand near station and airport
This unit stands out for its uncommon size and configuration. At 161m², it is substantially larger than most Mascot apartments, which typically cluster around 70–90m² for one and two-bedroom layouts. The three-bedroom, two-bathroom arrangement with two private balconies and a modern gas kitchen gives it the feel of a house without the maintenance burden. The two secure car spaces add genuine practical value in a precinct where parking is often tight. The northerly aspect and access to pool, gym, and rooftop facilities position it well for owner-occupiers—particularly young families or professionals—who want space, convenience, and lifestyle in a single package.
The flood management planning control noted on the site may warrant attention, though it does not appear to have hindered the building’s established use or desirability. The busy urban corridor and airport proximity bring noise and density considerations, but these are balanced by walkable access to Mascot Station and everyday amenities. The estimated rental return of roughly $1,000 per week suggests solid income potential for investors, while the larger floorplan may appeal to downsizers seeking room to spread out. Buyers should weigh the premium for size and parking against the building’s age and the absence of confirmed construction year or exact floor level details.
|| Comparable Sales: 2-bedroom unit in same complex sold 2021; 1-bedroom unit sold $650k | Property Price Band: $950k–$1.05M | Value Drivers: size, two-car parking, modern finishes, amenities
Detailed Independent Property Report prepared by PropCred Analyst team for 412/149-161 O’Riordan Street, Mascot NSW 2020
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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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
Comparable Sales: 2-bedroom unit in same complex sold 2021; 1-bedroom unit sold $650k | Property Price Band: $950k–$1.05M | Value Drivers: size, two-car parking, modern finishes, amenities
Bedrooms
3
Bathroom
2
Parking
2
Land
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