44/16 Boronia Street, Kensington NSW 2033

Parkside position | north-facing natural light | construction age 1965 | unrenovated floorplan risk The 1965 build introduces structural and compliance costs that matter more than aesthetic updates. Lift, garage and storage are rare in this price band and protect resale, but the leasehold obligation and sinking fund exposure are the hidden drags on yield. This property works best as a long-hold city fringe base, not a short-term flip. The direct park frontage and north aspect create a defensible point of difference in Kensington’s mid-tier stock. For a downsizer or professional couple wanting walking proximity to UNSW and light rail, the combination of secure parking, separate laundry and lift access is genuinely hard to find under $1.1M. Comparable sales over the past six months show similar two-bedroom units in the same block trading between $980,000 and $1,040,000, with condition variance explaining most of the spread. The unrenovated example at $985,000 sets a floor; this property’s updated interior supports a slight premium. To move forward without overpaying, secure a recent strata report and confirm the levy history before bidding.