416/11 Lewis Avenue, Rhodes NSW 2138
416/11 Lewis Avenue, Rhodes NSW 2138
This is a 2-bedroom, 2-bathroom apartment on the 4th floor of the Cox Richardson building in Rhodes. It spans 140 square metres total with an internal area of 106 square metres, includes one car space and a storage cage, and has ducted air-conditioning throughout. The property offers water views from the main bedroom and pool views from the living area and balcony.
What is competitively strong here is the size. At 140 square metres, this unit is significantly larger than most two-bedroom apartments in Rhodes, which typically sit under 100 square metres. The dual bathrooms, dedicated study, and generous storage make it feel more like a small three-bedroom in terms of space. The location is also a clear advantage — a short walk to the train station, shopping centre, and the foreshore walk. This property suits a buyer who values space and convenience over a lower entry price, particularly professionals or downsizers who want a home that functions well for daily living and entertaining without feeling cramped.
The quarterly strata levy of approximately $1,944 is a material cost that may affect how the property compares to other units in the area. While the building is well-regarded and the amenities justify some of this expense, it does raise the ongoing holding cost noticeably. The premium price point for a two-bedroom unit may also mean that resale could take longer than more modestly priced stock in the suburb. A buyer should weigh the benefit of the extra space and views against these higher recurring costs when forming a view on overall value.
Detailed Independent Property Report prepared by PropCred Analyst team for 416/11 Lewis Avenue, Rhodes NSW 2138
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Rhodes is a high-demand, transit-oriented suburb positioned for young professionals and families, with its waterfront renewal and exceptional CBD connectivity driving strong commuter appeal. Demand is led by investors targeting high-yielding units and owner-occupiers seeking amenity, though the market is bifurcated: house prices show robust growth while the high-volume unit segment experiences softer conditions and longer selling periods. Future growth is anchored in its established infrastructure and demographic appeal, yet key constraints include high house price points limiting affordability and sensitivity to interest rates within the substantial unit supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
2.28 acres
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