416/11 Lewis Avenue, Rhodes NSW 2138

Water outlook | large balcony | Cox Richardson build | strong rental demand | quiet pocket This apartment occupies a defensible position in the Rhodes market, combining a water and pool outlook with a large balcony and high ceilings in a Cox Richardson building. For a buyer, the configuration offers genuine owner-occupier appeal while retaining strong rental fundamentals, with estimated weekly returns between $840 and $1,080. The location within walking distance of the station, shopping centre, and foreshore walk reduces car dependency and supports consistent demand from professionals and downsizers. The property is best suited to a buyer seeking a low-maintenance, amenity-rich home with solid capital growth potential in an active apartment market. The primary risk is strata levies around $1,944 per quarter, which should be verified against the sinking fund and recent special levies. The 2017 purchase price of $896,000 provides a reference point, but the property’s exact condition and any upgrades are not confirmed. The opportunity lies in the building’s reputation and the rarity of a water outlook in this price range, which may support above-median price growth. A physical inspection is essential to confirm the view quality and interior condition before proceeding.