209/8B Mary Street, Rhodes NSW 2138

209/8B Mary Street, Rhodes | 254sqm internal on 218sqm lot | three-bedroom plus study | Siena By The Bay | Homebush Bay views | resort complex with strong owner-occupancy This unit occupies a rare configuration in the building — house-like internal proportions and a closed-off study create genuine separation not typical of apartments, which positions it well for buyers seeking space without moving to a house. The 254sqm internal area and dual car spaces make it functionally closer to a terrace than a flat, and the Homebush Bay outlook adds scarcity value within the complex. It suits downsizers or families wanting resort amenities without strata compromises, provided they accept the premium implied by its size relative to smaller units in the block. The main risk is price discovery — no recent resale in the building for this floorplan, and historical growth data on smaller units shows mixed results, including negative annual returns over seven years for a one-bedder. That means the buyer is paying for uniqueness, not proven capital uplift. The opportunity lies in the rental yield, which at current estimates sits around 3.5%, reasonable for this product type, and the building’s high owner-occupancy suggests stable management. Hold for lifestyle use first, capital growth second.