1508/1 Metters Street, Erskineville NSW 2043

Split-level layout | SugarCube development | 98m² internal | Erskineville station 550m This property offers a rare configuration in a boutique development, with the split-level plan creating distinct living zones that standard flats lack. The near-new condition and generous 98m² floorplate place it above typical two-bedroom apartments in the area, while the separate internal laundry and third WC add everyday utility. It suits buyers seeking a permanent home with strong lifestyle proximity rather than pure investment, and the landscaped roof terrace and secure parking reinforce its position as a premium long-term hold in Erskineville’s tight market. The flood overlay is a known but manageable risk, likely reflected in the valuation range and not a deal-breaker given no history of impact in this elevated building. The off-market status means less competition, but also requires careful price anchoring against the comparable 1308 unit. Rental yield is solid for the area, supporting a hold-and-lease strategy if circumstances change. Use this property as a primary residence with the option to rent later, capitalising on its configuration edge and location.