14/18 Oxley Street, Glebe NSW 2037

North-facing over Blackwattle Bay | 121sqm internal | Bridge Water complex | long-term hold since 1998 The case for buying this unit rests on its rare combination of due north orientation and genuine water frontage within a boutique harbourside complex. At 121sqm internal, the floor plan is substantially larger than most two-bedroom apartments in Glebe, and the dual balconies,one off the living area, another off the study,extend the usable space in a way that feels more like a house. The complex itself is well-established with a pool and gym, and the 60% owner-occupier ratio suggests a stable building culture. This property suits a buyer who values light, space, and a quiet water outlook over proximity to the Glebe strip; it is less suited to someone seeking a short-term flip or a high-yield investment. The principal risk is the lack of recent sales evidence in the building,only one transaction in the last year,which makes pricing opaque and exit liquidity uncertain. The 1998 purchase date implies the vendor may hold a low cost base, but that does not guarantee a discount. The study/dining room with a balcony is a positive differentiator, though its usefulness depends on whether the buyer needs a third zone or prefers a larger living area. For a buyer planning to hold for seven to ten years, the north-facing water aspect and generous floor plate should retain relative value in a market where new stock is typically smaller and less well-oriented. Use this property as a long-term residence or a low-maintenance harbourside base; do not buy it expecting rapid capital growth.