908/29 East Street, Granville NSW 2142

High-floor new unit | prime Granville location | no overlays | fibre & 5G ready | strong rental yield This unit presents a competitively strong proposition as a modern, low-maintenance investment in a well-connected suburb. Its status as a new build with no bushfire or flood overlays removes significant due diligence hurdles, while the high floor suggests desirable aspect and quiet. The configuration suits investors seeking a turnkey property with immediate rental appeal, evidenced by the solid estimated weekly return, or owner-occupiers prioritising modern amenities and connectivity. The primary risk mechanism is the slight capital loss evidenced between its 2018 purchase and 2025 sale, against a generally rising market, which may indicate specific building or complex dynamics that require scrutiny. The opportunity lies in securing a property below its estimated median value, with a yield that supports commercial logic. Proceed with a focus on long-term hold, leveraging its rental strength. A Propcred report would validate its real market valuation against comparable sales and clarify any strata or locality risks affecting insurability and value. Recent sales of two-bedroom apartments within a 2.2km radius establish the local benchmark, though direct equivalence is unclear without specific addresses. This reinforces the necessity of verifying this unit’s price point against truly comparable stock in the immediate precinct to confirm its competitive positioning.