64/77-83 Cook Road, Centennial Park NSW 2021

Compact 2-bed apartment in established Centennial Park block | Strong same-building sales above $980k | $920/week rental evidence for similar units | Price guide sits below recent comparable transactions. This unit’s configuration as a two-bedroom, one-bathroom apartment with a single car space and a compact 57-square-metre internal area places it within the older, well-located apartment stock that is typical of Centennial Park’s established low-rise buildings. Its competitive strength lies in the recent same-building sales evidence, where comparable two-bedroom units have transacted between $980,000 and $1.09 million, suggesting the current guide may be positioned below recent market-clearing levels. The property is best suited to owner-occupiers seeking a foothold in the inner-east or investors attracted by the building’s demonstrated rental depth, with a similar unit recently achieving $920 per week. The price guide of $900,000 may represent a discount relative to the most recent two-bedroom sales within the same building, which could indicate either a lower floor, less favourable aspect, or a need for updating that has not been confirmed from available information. A prospective buyer should weigh whether the unit’s compact size of 57 square metres and single bathroom might limit its appeal compared to larger two-bedroom stock, potentially capping future capital growth. The rental yield inferred from the building’s leasing evidence may offer a reasonable buffer, but the final value will depend on the unit’s specific condition and position within the block.