21/55 Prince Albert Street, Mosman NSW 2088

Top-floor rear position in boutique full-brick block | rare 148sqm internal with separate living zones | city views from entertaining balcony | prime Mosman dress-circle with strong school catchment The property’s competitive strength lies in its combination of scale and positioning. At 148 square metres internal with two separate living areas and a city-view balcony, this is a genuine apartment rather than a compact unit. The full-brick boutique block of only 21, top-floor rear aspect, and three-bedroom-plus-two-bathroom configuration make it a rare find in Mosman’s tightly held dress-circle. For a buyer seeking a long-term family home without the house maintenance, or a downsizer wanting space and privacy within walking distance to village amenities and strong public schools, this offers a configuration that competes directly with terrace houses at a lower entry point. The renovated kitchen and ensuited main bedroom reduce immediate capital outlay, while the separate storeroom and automatic garage add practical holding value. The heritage overlay is the primary risk, potentially limiting future alterations or balcony enclosures, and should be verified with council before bidding. The 2015 purchase price suggests the current vendor may have held through a flat market, meaning realistic expectations on price. The absence of recent comparable sales in the immediate building requires careful benchmarking against similar-sized apartments in nearby blocks. For a buyer, the opportunity is to secure a genuinely spacious apartment in a low-density, well-constructed building that will hold its value relative to houses in the same catchment. Hold it as a long-term family residence or a low-maintenance base with strong resale appeal to downsizers and young families.