10/282 New South Head Road, Double Bay NSW 2028

Iconic Art Deco building | whisper-quiet side street | premium Miele appliances | versatile sunroom study | strong rental positioning This unit presents a competitively rare offering within Double Bay’s tightly held apartment market. Its palatial 1930s proportions and premium renovation deliver a scarcity value that typical modern stock cannot replicate, serving a buyer seeking both character and convenience. The configuration, with its dual parking and study, positions it optimally for both professional occupants and the premium rental market, evidenced by its described status as one of the area’s most impressive rental offerings. The absence of heritage or bushfire overlays simplifies ownership, though the identified flood overlay requires due diligence. Proceed with the understanding that its value is anchored in architectural prestige and liveability, not speculative land banking. The primary risk is the flood overlay, which necessitates an immediate specialist report to assess insurance costs and potential future capital impact. The rental estimates support a solid yield for a holding strategy, making it a logical purchase for a long-term owner-occupier seeking a unique home or a passive investor targeting the upper quartile of the rental market. Its best use is as a held property, not a short-term trade.