14/59 Lower Bent Street, Neutral Bay NSW 2089

Renovated 1960s unit | Neutral Bay core | High rental yield | No overlays This unit presents a competitively strong proposition due to its recent, high-quality renovation within a well-maintained older building in a prime harbour suburb. The move-in ready condition and absence of costly overlay risks position it above typical unrenovated stock, serving long-term investors seeking stable yield or owner-occupiers valuing low-maintenance convenience. Its yield sits above area averages, indicating proven rental demand. The primary risk is the building’s age, which may incur future capital works levies not reflected in the price. The balanced suburb market offers negotiation leverage against the vendor’s asking range. Commercial logic favours holding for yield, as the renovation premium is already priced; value accretion will rely on general market movement. Proceed with a building report and a bid below the current list price to buffer for strata capital.