8/83-85 Union Road, Penrith NSW 2750

2 bed, 2 bath, 2 ensuite unit | Penrith central location | strong rental yield profile | strata includes secure parking This unit presents a competitively strong rental proposition within central Penrith, defined by its dual-ensuite configuration which is rare for a two-bedroom layout and directly targets professional tenants or sharers seeking privacy. The implied gross yield near five percent, supported by modern inclusions like reverse-cycle air conditioning and FTTP NBN, positions it as a cashflow-positive entry into the Sydney basin, best serving an investor focused on serviceability over speculative land appreciation. The decision hinges on strata governance and building depreciation, as the lack of disclosed construction age, floor level, and specific finishes masks potential maintenance cost risks that erode yield. The significant valuation gap versus another unit in the same building requires immediate clarification through a strata report and physical inspection. Proceed with a disciplined buy-and-hold strategy, leveraging its inherent rental demand to offset holding costs while the central location provides long-term resilience.