402/18 Walker Street Rhodes NSW 2138

Modern 1-bed with study & car space | Mid-floor tranquil green views | Pool & gym building | Strong rental demand signals This unit presents a competitively strong offering within the Rhodes apartment market, primarily due to its configuration edge. The combination of a dedicated study area—effectively a second flexible space—a secure car space, and a spacious balcony with green views is rare for a one-bedroom property here. These premium features, alongside building amenities, position it to attract both owner-occupiers seeking a live-work layout and investors targeting the strong rental demand evidenced by its concurrent rental listing. The decision hinges on balancing its premium against the typical risks of a modern apartment in a dense precinct. The main cost is the suburb’s inherent supply pressure from similar stock, which can moderate capital growth. However, the current rental yield projection is robust, supporting a hold strategy as a high-quality rental investment or a long-term residence. For a precise valuation against recent comparable sales and to assess locality-specific risks like the noted bushfire overlay, a tailored property report is essential. Recent comparable sales of one-bedroom units in Rhodes support the estimated value range. This market activity confirms the pricing for this unit, with its added study and car space, is positioned at a justifiable premium within the suburb’s established band.