202/50 Peninsula Drive, Breakfast Point NSW 2137

Large one-bedroom plus study | Resort lifestyle precinct | Strong rental demand | Flexible floorplan This apartment is competitively positioned because its oversized study effectively functions as a second room, a rare configuration in this precinct that broadens buyer appeal to downsizers, professional couples, and investors. The Catalina building’s resort amenities—pool, gym, tennis court—combined with walking access to Breakfast Point Village and Cabarita Ferry, create a lifestyle offer that commands premium rental and resale interest. The recent lease at $770/week confirms demand, and the property serves best as a hold for capital growth or a low-maintenance home for someone wanting space without a second bedroom price tag. The main risk is verifying strata levies and exact internal area, as service-heavy complexes can carry higher quarterly costs that reduce net yield for investors. The unit entitlement of 83sqm suggests reasonable land component for a one-bedroom, but this should be confirmed against the floor plan. The nearby 73sqm comparable at $812,500 signals upside if this unit’s layout is marketed correctly, though the study’s lack of a window or built-in robe could limit its use as a true second bedroom. Hold for medium-term growth or lease for steady cash flow.