707/1 Howard Street, Warners Bay NSW 2282

707/1 Howard Street, Warners Bay NSW 2282
3 bed penthouse | 2 car spaces | 170 sqm | premium Warners Bay lake lifestyle This property sits as a rare configuration in Warners Bay’s apartment market, where a true three-bedroom, two-bathroom penthouse with two car spaces and 170 square metres of internal area is uncommon. For a buyer seeking low-maintenance living without sacrificing space, this floor plan competes directly with smaller houses while offering superior position and views. The penthouse designation and larger footprint serve downsizers and professionals who value proximity to the lake foreshore, dining strip, and walking paths. The two secure car spaces add practical advantage in a suburb where parking is at a premium, strengthening the property’s appeal to owner-occupiers who intend to stay long-term. The primary risk is the inconsistency in source data, which suggests the property may have been marketed with different configurations. A buyer should verify the actual floor plan and strata records to confirm the 170 square metre size and three-bedroom layout before committing. If confirmed, the property’s larger size and penthouse position give it a competitive edge over standard apartments in the same complex or nearby. The opportunity lies in securing a premium unit that functions like a house without garden maintenance, in a suburb with strong owner-occupier demand. Hold this property as a primary residence for lifestyle advantage, with potential to outperform smaller apartments in capital growth due to its rarity.
Detailed Independent Property Report prepared  by PropCred Analyst team for 707/1 Howard Street, Warners Bay NSW 2282
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Warners Bay is a desirable lakeside suburb attracting established professionals seeking its lifestyle offerings. This demographic drives consistent demand, reflected in a robust market with strong recent price growth and brisk sales activity. Future values are underpinned by its enduring location appeal, though the market is currently considered fair-valued after a significant period of appreciation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.26 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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