502/214-220 Coward Street, Mascot NSW 2020
502/214-220 Coward Street, Mascot NSW 2020
This is a fifth-floor two-bedroom, two-bathroom apartment with two car spaces within a 13-storey mixed-use building. The unit spans 150 square metres on a 3,005 square metre lot, featuring built-in wardrobes, an en-suite, air conditioning, and a study area. It sits in the Bayside Council area with no flood, bushfire, or heritage overlays, and falls within the Mascot Public School and J J Cahill Memorial High School catchments.
The provision of two dedicated car spaces for a two-bedroom apartment is competitively strong within the local market, as this configuration typically offers only one space. The unit’s inclusion of a separate study area and an en-suite in the master bedroom adds practical appeal for professionals or small households seeking functional space beyond standard layouts. Located in a modern high-rise development with ground-floor commercial tenancies, the property suits buyers who prioritise convenience and low-maintenance living near transport and employment hubs. Its position on level five offers a middle-floor balance of accessibility and outlook, while the absence of environmental overlays simplifies due diligence.
The price discrepancy between this listing and a recent sale of a comparable unit in the same building may reflect differences in floor level, internal condition, or market timing that could affect value perception. The building’s age, completed around 2020-2021, means the property may carry initial depreciation schedules for tax purposes, which could be relevant for investors. The high-density, 13-storey environment might influence long-term amenity and privacy compared to lower-scale developments, so a review of strata reports and building management quality is recommended. The unit’s individual land size of 150 square metres is generous for an apartment, but its value is tied to the building’s overall lot and shared structure, not standalone land rights.
Detailed Independent Property Report prepared by PropCred Analyst team for 502/214-220 Coward Street, Mascot NSW 2020
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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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
Bedrooms
2
Bathroom
2
Parking
2
Land
150m²
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