8/50 Myers Street, Roselands NSW 2196

Ground floor | 94m² with garage | quiet rear block | long-term tenant at $500pw | flood overlay noted This unit offers a rare combination of a functional floor plan, private leafy outlook, and a lock-up garage in a low-density block , features that command a premium in the Roselands market. The updated kitchen and internal laundry add practical appeal for owner-occupiers, while the long-term tenancy at $500 per week provides immediate income certainty for an investor. The property sits in a quiet, tree-lined street with good school catchment and proximity to Kingsgrove station, making it suitable for families or professionals seeking a low-maintenance home or a stable rental hold. The flood overlay is the primary risk, potentially affecting insurance costs and future resale appeal to cautious buyers. The list price sits above recent valuation estimates, so a buyer should negotiate toward the $560,000–$570,000 range to build in equity. The 2014 sale history shows steady long-term appreciation, and the strata levies are manageable. This property suits a buyer seeking a solid, low-risk entry into the market , hold for rental yield and capital growth, or occupy for its liveable layout and location.