3605/21 Scotsman Street, Forest Lodge NSW 2037

1 bed + car + storage in a Mirvac build | 3rd floor east-facing terrace | Harold Park walk-to-everything precinct | investor or downsizer edge This is a rare configuration in a premium development. The 62m² internal floor area with a covered terrace and secure parking plus storage gives it an edge over newer stock where car spaces are being cut. The east aspect and open-plan flow to outdoor entertaining make it a genuine liveable option for a professional or downsizer who wants a city base without the tower block feel. The rental estimate of $900–$930 per week signals strong demand from executive singles or couples, and the Mirvac build quality and Harold Park location reduce vacancy risk. It suits a buyer seeking a low-maintenance hold with capital stability and decent yield. The main risk is the 41% of owners in the complex holding under 3 years, which suggests some investor churn and possible supply pressure when selling. The 1.33% annual growth on a comparable 2-bed unit over 7 years is modest, so this is not a high-growth play. The opportunity is in the rental return and the scarcity of 1-bed units with parking and storage in this precinct. The buyer should hold for income, not speculation, and use the storage and terrace as differentiators when leasing. This property works as a long-term rental hold or a lock-and-leave city base.