G02/84-90 Atchison Street, Crows Nest NSW 2065
G02/84-90 Atchison Street, Crows Nest NSW 2065
Ground-floor apartment | two-bedroom plus study | three bathrooms | secure parking | flood overlay
This unit presents a functional configuration rare in its market, with three bathrooms and a study enhancing its utility for small households or professional use. Its ground-floor position in a well-serviced building within strong school catchments offers practical convenience. The property is best suited to an owner-occupier seeking low-maintenance living or an investor targeting a demographic that values internal space over outlook.
The primary decision factor is the flood overlay, which necessitates specific due diligence on insurance costs and potential future resale constraints. The absence of recent comparable sales within the building limits precise valuation anchoring. Proceed with a conditional assessment focused on these risk mechanisms; this property warrants consideration as a long-term hold for its functional layout, not for speculative gain.
A direct comparable in the building, unit 101, is a two-bedroom, two-bathroom apartment with an estimated value of $2,020,000. This suggests a baseline, though the subject property’s additional bathroom and study may command a premium, offset by its ground-floor location and the flood overlay risk.
Detailed Independent Property Report prepared by PropCred Analyst team for G02/84-90 Atchison Street, Crows Nest NSW 2065
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
Crows Nest is a tightly held, high-value suburb with a professional demographic driving demand. The market is characterised by strong unit growth and stable house values, reflecting its appeal to young professionals and childless couples. Recent performance indicates robust demand for apartments, while houses maintain steady appeal. Future growth is underpinned by its established position and professional workforce, though high mortgage commitments present a sensitivity to economic conditions.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
1
Land
1528m²
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