701/101 Dalmeny Avenue, Rosebery NSW 2018

Inner-city spaciousness | 7th-floor district views | rare storage cage | high rental yield | tranquil cul-de-sac This unit presents a compelling proposition based on its scarcity of space and light within the strata market. The combination of an extra-large balcony accessible from all rooms, a dedicated storage cage on title, and a 109 square metre floor plan creates a functional living environment uncommon for a two-bedroom apartment. Its position on the seventh floor capitalises on sweeping district views and a vast ambiance, directly enhancing liveability and rental appeal. The property is best suited to an owner-occupier seeking a light-filled inner-city sanctuary or an investor targeting a high-yielding unit with features that command a rental premium, evidenced by the estimated 6.18% yield against a suburb average of 5.4%. Proceed with a disciplined focus on strata due diligence. The $255 report is a mandatory investment to uncover any capital works plans or building defects that could materially impact future levies; the absence of this review represents the primary financial risk. The recent sale history indicates a price correction from its 2019 peak, presenting a potential entry point, but the suburb’s -2.6% growth underscores the need for a long-term hold. Its proximity to Green Square station and village amenities provides a solid floor for both rental demand and capital stability. Acquire this property as a long-term hold, leveraging its unique spatial advantages to outperform standard two-bedroom stock, with the clear intent to either occupy or secure a high-calibre tenant. Recent comparable sales provide critical context for valuation. A directly comparable sale within the same building complex, 701/99-101 Dalmeny Avenue, transacted for $845,000 in October 2023. This establishes a firm benchmark, suggesting the current $880,000 estimate requires justification through the specific advantages of this lot, namely its higher floor, views, and included storage cage.