Welcome to 1/28 Shepherd Street, Liverpool NSW 2170, a spacious two-bedroom apartment offering comfortable modern living within the highly sought-after Paper Mill precinct.
Featuring two bedrooms, two bathrooms and one parking space, this apartment provides a practical and versatile layout for first-home buyers, professionals, couples, downsizers and investors seeking a low-maintenance property in a convenient Liverpool location.
The property is part of the established residential development at 28 Shepherd Street, which comprises approximately 88 properties, with Domain estimating around 70% owner-occupiers and 30% renters.
Two bedrooms
Two bathrooms
One parking space
Spacious apartment layout
Modern residential development
Secure parking
Low-maintenance lifestyle
Established residential complex
Suitable for first-home buyers
Suitable for homeowners
Suitable for investors
The two-bedroom, two-bathroom configuration provides a practical layout for comfortable everyday living.
The additional bathroom provides convenience for residents and guests, while the dedicated parking space adds valuable functionality for apartment living.
The wider 28 Shepherd Street development offers a range of apartment configurations, including one, two and three-bedroom residences. Individual apartments within the building may feature balconies, air conditioning, built-in wardrobes, internal laundry and other contemporary amenities, although features can vary between residences.
1/28 Shepherd Street forms part of The Bindery within the Paper Mill precinct, an established residential development designed around contemporary apartment living.
Other residences within the development reference elevated communal spaces, social amenities and a rooftop garden, providing residents with additional lifestyle and outdoor areas.
The development offers a modern residential environment close to Liverpool's major shopping, transport, healthcare and lifestyle facilities.
Positioned on Shepherd Street, Liverpool, the property provides convenient access to many of the area's key amenities.
Residents can enjoy easy access to:
Liverpool CBD
Liverpool Train Station
Westfield Liverpool
Liverpool Hospital
Liverpool Public School
Liverpool Girls High School
Liverpool Boys High School
Local cafés and restaurants
Shopping and everyday services
Public transport
Parks and recreational facilities
Liverpool Public School is approximately 1.1 km away, while Liverpool Girls High School and Liverpool Boys High School are approximately 1.8 km and 1.9 km away respectively.
1/28 Shepherd Street presents an attractive investment opportunity within Liverpool's established apartment market.
Domain's latest estimate places the property at approximately $660,000, with an estimated range of $570,000 to $750,000. The estimated rental return is $655+ per week, representing an estimated 5.2% rental yield. These figures are Domain estimates only and should not be considered a formal valuation or guaranteed rental return.
The property was last sold for $580,000 in February 2024 through Ray White Green Valley.
The wider building continues to demonstrate active sales and rental activity. Recent examples include 6/28, a two-bedroom apartment sold for $555,000 in June 2026, and 307/28, a three-bedroom apartment sold for $570,000 in March 2025.
The wider 28 Shepherd Street building contains approximately 88 properties, including apartments, townhouses and a house. Domain estimates that approximately 70% are owner-occupied and 30% are rented, creating a well-established residential community.
The average owner-occupier has been living in the building for approximately 5 years and 5 months, further demonstrating the established nature of the development.
Two-bedroom apartment
Two bathrooms
One parking space
Spacious and practical layout
Established residential development
Part of the Paper Mill precinct
Close to Liverpool CBD
Near Liverpool Train Station
Close to Westfield Liverpool
Near Liverpool Hospital
Convenient access to schools
Suitable for homeowners and investors
Low-maintenance apartment lifestyle
Strong long-term location appeal
For a free complimentary market appraisal or more information about your property, please contact:
Mohammed R Islam
Home7 Real Estate
📞 0430 303 059
📧 admin@home7.com.au
Home7 Real Estate believes that all information contained herein is gathered from sources considered reliable. However, interested parties should rely on their own enquiries and independent searches.