35/2 Bent Street, Neutral Bay NSW 2089

split-level three-bedroom | harbour glimpse | high owner-renter mix | auction clearance below metro average This property’s competitive edge lies in its uncommon split-level layout and 114sqm of internal space, which is generous for a three-bedroom apartment in Neutral Bay. The harbour bridge glimpse and balcony add a positional advantage that few units in the Bentleigh complex offer. For a buyer seeking a home with separation of living and sleeping zones, this floorplan reduces the compromises typical of flat apartments. The property serves best as a long-term owner-occupier purchase, where the dual-level design and secure parking provide genuine lifestyle utility. The 70% renter ratio in the complex signals weaker owner-occupier demand, which can suppress capital growth relative to predominantly owner-occupied buildings. The 41% auction clearance rate for the area suggests a soft market, meaning the buyer may have negotiating room despite the recent $1,775,000 sale. Rental income potential of up to $1,380 per week offers a solid floor if the buyer later converts to an investment. Hold this property for at least five years to ride out the current market softness and benefit from the location’s long-term demand drivers.