39/222-228 Sussex Street, Sydney NSW 2000

| Flood overlay risk | 2005 last trade | 44% building clearance | $1.295m list vs $1.22-1.36m range | This property carries a known flood overlay that may affect insurance premiums and resale liquidity, a cost not always priced into asking values. Comparable sales in the same building cluster between $1.22m and $1.38m, with annual growth below 4% on longer holds, suggesting limited capital uplift without repositioning. The 2005 holding indicates potential for deferred maintenance exposure. A buyer should view this as a stable hold for steady occupancy, not a short-term trade. What is competitively rare here is the combination of FTTP broadband and inner-city school catchment access within a 65% owner-occupied building, which supports rental stability and lower turnover risk. For an owner-occupier seeking Sydney CBD proximity and long-term residential quality, this unit offers a stronger position than comparable high-turnover towers. Consider engaging a building inspector to quantify flood overlay and strata reserve costs before proceeding.