103/218 Flood Street, Leichhardt NSW 2040

103/218 Flood Street, Leichhardt NSW 2040
1-bed strata apartment in Leichhardt | Large-site context on 1.76 acres | Premium inner-west pricing | Owner-occupier or downsizer focus This apartment occupies a position within a larger strata development on a substantial 1.76-acre site, which is relatively rare for a one-bedroom unit in Leichhardt’s apartment stock. The building’s scale suggests a more established complex with communal grounds, likely appealing to owner-occupiers and downsizers who value low-maintenance living without sacrificing a sense of space. The asking range and estimated value around $863,000 position it as a premium one-bedroom product in the inner-west, where such configurations typically attract professionals or couples seeking a lifestyle base near village amenities. Its configuration edge lies in being part of a mixed-unit building, which may offer better building management and shared facilities than smaller blocks. The property’s value may be influenced by its floor level and aspect, neither of which are confirmed, as these factors can significantly affect light, privacy, and outlook in a larger complex. The building’s age and internal size remain unverified, which might matter for depreciation schedules or renovation potential. Parking and storage are not stated, and their absence could narrow the buyer pool, particularly for car-dependent households. The large-site context may also carry higher strata levies, so a prospective buyer should weigh ongoing costs against the lifestyle benefits of a well-sited inner-west apartment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 103/218 Flood Street, Leichhardt NSW 2040
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Leichhardt is a vibrant, well-established inner-west suburb with strong transport links and high owner-occupier appeal. Demand is driven by families seeking renovated character homes and first-home buyers, creating robust competition. House prices have demonstrated significant recent strength, while the unit market presents a more nuanced picture. Future growth is anchored in its enduring lifestyle and amenity, though high entry prices present a key affordability constraint.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

1.76 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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