48/215-217 Peats Ferry Road, Hornsby NSW 2077

2-bed top-floor unit | East-facing balcony | Freshly updated | Walk to Westfield & station | Bushfire overlay This unit presents a competitively strong offering within the Hornsby apartment market, primarily due to its specific configuration and positioning. The east-facing aspect and recent internal updates in a quiet, rear complex position differentiate it from standard stock, offering a sense of privacy and modern convenience rare in this price segment. It serves first-home buyers and young professionals most effectively, providing direct walking access to major transport, shopping at Westfield, and high-performing schools, which underpins both owner-occupier appeal and rental demand. The estimated rental yield of approximately 4.8% signals strong investment logic, supported by the unit’s alignment with the core demand profile in a well-connected suburb. Proceed with the clear understanding that the bushfire overlay imposes specific risk mechanisms, potentially affecting insurance premiums and future saleability, a cost that must be factored against the location advantages. The opportunity lies in acquiring a turnkey property in a stable, leafy locale where the scarcity of such updated units in large, low-rise complexes supports capital retention. Given the high-confidence rental estimate and the property’s alignment with enduring locational drivers, the judgment call is to acquire for a medium-term hold, leveraging its dual appeal as a liveable first home or a straightforward investment property with mitigated vacancy risk. Recent comparable sales data is limited for the specific complex, but the property’s own prior sale in 2018 and the current listing provide a value anchor. The listed price range of $750K-$780K sits above the estimated value of $707K, indicating a vendor expectation that recent updates and market conditions command a premium. For a buyer, this discrepancy necessitates rigorous negotiation, using the estimated value as a benchmark while acknowledging that superior finishes and a favourable aspect in a low-supply environment can justify a price toward the lower end of the asking range.