39/98 Chandos Street, Ashfield NSW 2131

private courtyard on second floor | lift building in Ashfield | two bath with master ensuite | strong recent sales in complex This unit offers a rare configuration for its price point: a second-floor apartment with lift access, two bathrooms, and a private courtyard that functions more like a small garden than a balcony. In Ashfield’s strata market, that combination typically commands a premium, yet the guide positions it below the building’s recent $1.3 million sale for a three-bedroom. For a downsizer or professional couple, the ensuite and separate powder room remove the compromise of shared bathrooms, while the courtyard extends usable living space without the maintenance of a full house. The building’s 2001 construction means modern insulation and wiring, and the lift removes the stair climb that turns off older buyers. This property suits someone who wants a lock-and-leave home with genuine outdoor space, not a balcony you can’t sit on. The main risk is the auction itself: the guide sits at the lower end of comparable sales, which may attract multiple bidders and push the final price above the $1.1 million ceiling. The building has no heritage or flood overlays, but buyers should verify the sinking fund balance and any upcoming special levies, as a 2001 build is entering the age where common property repairs become frequent. The courtyard is described as balcony-style in some listings, so confirm its legal status as private open space rather than common area. For a buyer, the opportunity lies in the two-bathroom layout and the courtyard,features that hold resale value better than extra bedrooms. Hold this property as a long-term residence or a stable rental; the rental estimate of $805 per week covers holding costs comfortably if the purchase price stays under $1.05 million.