82 Lowry Street, Cardiff NSW 2285

Dual-income layout | 632sqm flat block | no overlays | walk to station and shops The property is configured as two separate dwellings on a single title, which is the primary competitive strength here. A new one-bedroom granny flat alongside a renovated three-bedroom weatherboard house gives a buyer immediate rental income or multigenerational flexibility without needing council approval or construction risk. The block is level, free of flood or bushfire constraints, and positioned within walking distance of Cardiff station and shopping, which supports strong tenant demand. This suits an investor seeking high yield or a family wanting a separate space for older children or parents. The main risk is the older weatherboard construction, which may require ongoing maintenance despite the new roof and recent updates. The property is not in a high-growth prestige pocket, so capital gains will track the broader Cardiff market rather than outperform. The opportunity is in the rental return; combined income could exceed $1,200 per week, giving strong cash flow from day one. Hold for yield and let the suburb’s steady demand do the work.