6B/26 Belmore Street, Burwood NSW 2134

3-bed, 3-bath strata rarity | Premium configuration at unit median price | Targets young professional & investor demand | Positioned below 3-bed unit median. This property presents a competitively strong offering within the Burwood unit market, defined by its rare three-bathroom configuration paired with two parking spaces in a strata context. This specific combination commands a premium, typically serving young professional couples or astute investors seeking above-average rental appeal from a modern layout. The listed guide, while above the general unit median, sits notably below the established median for three-bedroom apartments, creating a value entry point for a property of this functional caliber. It is precisely configured for the suburb’s dominant demographic of high-income, childless renters, ensuring sustained tenant demand and supporting a resilient investment thesis. The primary decision hinges on reconciling its strata title with the price guide’s apparent discount to the three-bedroom unit median. This discount likely reflects the inherent risk of purchasing without detailed disclosures on building quality, aspect, or floor plan, costs which manifest through potential strata complications or undisclosed capital works. The commercial logic is clear: secure a high-utility property in a high-demand rental precinct at a basis below its peer group, leveraging its superior bathrooms and parking to achieve strong yield or owner-occupier utility. Proceed with a disciplined due diligence process focused on strata health and internal condition to validate the opportunity; for a verified asset, this property warrants a hold strategy targeting capital alignment with the outperforming unit segment and immediate rental income. Recent comparable sales on Belmore Street illustrate the configuration premium: – 502A/31 Belmore Street: 1 bed, 1 bath, 2 parking – Sold $760,000 (02/12/2025) – 26/44 Belmore Street: 1 bed, 1 bath, 1 parking – Sold $785,000 (02/12/2025) These one-bedroom sales establish a strong price floor for the street, implying the subject property’s three-bedroom, three-bathroom offering at a $1,000,000 guide is not merely aligned with but strategically positioned below its logical market position, reinforcing its value proposition.