31/2-6 Junction Street, Ryde NSW 2112

Riverside Ryde apartment | Qube building level 4 | 107sqm internal plus parking | Strong rental yield near 5.6% This two-bedroom unit in the Qube building offers a rare combination of size and efficiency for a modern apartment. The 107-square-metre footprint, including parking and storage, places it well above typical new-build stock, while the elevated balcony with established green outlooks provides genuine amenity rare in this price bracket. For an owner-occupier seeking a lock-and-leave home with space, or an investor targeting a yield above 5.5% in a suburb with 61% auction clearance and 333 sales this year, this property sits in a defensible position. The strata fees are moderate for the building quality, and the dual bathroom layout with ensuite adds practical appeal for share households or couples. The primary risk is the 2019 last sale date, which means the buyer has no recent comparable transaction to anchor value, and the current estimate range of $750,000 to $850,000 leaves room for negotiation. The property has been on market only seven days, suggesting the agent may be testing price rather than reflecting genuine demand. Buyers should commission a strata inspection for the Qube building, as modern complexes can carry sinking fund surprises. The opportunity lies in the rental floor: at $850 per week, the gross yield is approximately 5.9% on a $750,000 purchase, which provides a buffer against interest rate movements. Hold this property for its income profile and scarcity of floorplan size in the Ryde apartment market.