43/16-22 Burwood Road, Burwood NSW 2134

Oversized 107sqm internal | double secure parking | 6.5m entertainer’s balcony | walk to Westfield & station | established mid-rise. This unit presents a competitively strong proposition due to its rare configuration, which is atypical for the Burwood apartment market. Its 107 square metre internal area significantly exceeds the standard for modern two-bedroom units, offering generous room sizes and a functional layout enhanced by a large lenticular balcony that extends the living space. The inclusion of double lock-up parking in a central location is a substantial premium feature, providing both security and convenience that directly appeals to professionals, small families, or investors seeking a high-quality tenant. Its 2000 construction date positions it within an established, mid-rise building, avoiding the extreme density of newer developments while still offering modern amenities. This combination of space, parking, and central walkability creates a property that serves owner-occupiers seeking comfort and investors targeting durable rental demand from tenants valuing space and location over mere novelty. The decision hinges on acknowledging its pricing position relative to the recent median of $855,000 for two-bedroom units in the area, with the last sale at $720,000 in October 2024 suggesting potential value. The primary risk mechanism is the strata title, which costs the buyer through levied fees and imposes governance constraints; due diligence on the strata plan’s financial health and capital works plan is non-negotiable. The opportunity lies in acquiring an oversized, well-located unit where the scarcity of such spacious layouts provides a natural insulation against volatility in the standard apartment market. The commercial logic supports a hold strategy, leveraging its rental appeal for strong yield while benefiting from long-term capital growth driven by its irreplicable attributes in a tightly held location. Proceed with a focus on strata verification, but recognise this as a sound purchase for a long-term hold. Recent sales data for two-bedroom apartments within a 4km radius of Burwood shows a median sale price of $855,000 over the last eight weeks, with a broad range from $470,000 to $2.98 million. This establishes a credible benchmark, against which this unit’s estimated value of $840,000 appears positioned appropriately, if not favourably, given its larger internal area and superior parking provision compared to typical stock. The data confirms that while entry points exist lower, premiums are commanded for properties with standout features, which this unit possesses.