4/39 Henry Street Leichhardt NSW 2040

Top floor unit |Recently renovated |$660k guide |Strong rental demand |52sqm internal This one-bedroom apartment with secure parking suits first home buyers or investors seeking low-maintenance entry into Leichhardt’s lifestyle precinct. Positioned on the top floor of a compact 12-unit brick complex, it delivers natural light and easy-care living without the upkeep of larger homes. The renovated interiors, including Tasmanian Oak flooring and granite kitchen benches, align with buyer preferences for move-in ready spaces in this pocket. Set in a quiet cul-de-sac near Pioneers Memorial Park, it stands out from busier street-front options, appealing to professionals who value walkability to Norton Street cafes, light rail, and school catchments like Orange Grove Public. Similar one-bedroom units in the area have shown steady capital growth, underpinned by consistent rental yields from inner west demand. Last sold in 2021, its current $660,000 asking price reflects post-renovation uplift and market tightening. Investors find long-term appeal in the security setup and proximity to amenities, buffering against vacancy risks. For owner-occupiers, the double-sized bedroom and renovated bathroom provide practical utility in a suburb where space is premium. Holding value looks solid given no overlays and recent building upgrades, positioning it ahead of dated stock. Overall, it tracks as a pragmatic hold in a market favouring quality apartments over speculative buys.