909/88 Alfred Street S, Milsons Point NSW 2061

9th floor easterly harbour views | 2 bed 2 bath with parking and storage | tightly held Milsons Point pocket | built 2017 with contemporary finish The property occupies a strong position in a low-turnover suburb where apartments of this configuration rarely surface. The 9th floor easterly aspect delivers genuine harbour and district views that are protected by the building’s orientation, and the 2017 construction means the buyer avoids the compliance and maintenance concerns common to older stock. The inclusion of a secure car space and separate storage cage is increasingly unusual in this precinct and adds tangible utility for owner-occupiers or tenants. This unit suits a professional couple or downsizer seeking a lock-and-leave base with immediate lifestyle amenity and a view corridor that should hold value. The primary risk is the price point. The mid-range estimate of $2.78 million places it at a premium for a two-bedroom unit, and the rental yield of 2.81% is below what an investor would typically target unless capital growth is the sole objective. The 2015 sale price of $1.9 million shows strong appreciation, but that trajectory may not repeat at this entry level. The opportunity lies in the scarcity of similar stock in the building and the enduring appeal of the outlook. Hold for medium-term capital growth or occupy for lifestyle; the rental return alone does not justify the outlay.