21/5 Mitchell Street, Soldiers Point NSW 2317

Waterfront complex | tightly held precinct | light-filled open plan | low-maintenance coastal retreat This unit is competitively positioned within a waterfront complex where 48% of owners have held for over a decade, signalling rare turnover and embedded desirability. The open-plan living and dual car spaces are practical advantages for a buyer seeking a low-maintenance coastal base, while the complex’s 2,309m² lot and quiet pocket location near water and village amenities support stable demand. It best suits downsizers, second-home buyers, or investors wanting a resilient holding in a tightly supplied market. The primary risk is that the 2017 last sale price is unknown, making entry cost assessment less transparent, though recent comparables at $715,000 to $775,000 suggest a premium for this complex. The 4.19% gross rental yield from unit 12 indicates modest income potential, so capital growth—supported by 4.76% to 6.70% annual appreciation in the building—should be the core logic. Hold for medium to long term, leveraging the precinct’s low turnover and waterfront appeal.