5/40 St Georges Cres, Drummoyne NSW 2047

Northerly harbour views | Boutique SJB design | House-like floorplan | Pool complex access This property occupies a rare intersection of waterfront positioning and genuine apartment scale. The SJB architecture, separate wing configuration, and multiple outdoor rooms deliver a freestanding house experience within a strata title, which is competitively scarce in Drummoyne. The northerly aspect across the harbour eliminates overshadowing and maximises natural light, a feature that holds enduring premium for resale. It suits buyers seeking lock-and-leave convenience without sacrificing spatial separation or entertaining capacity. The boutique nature of only nine residences and the inclusion of a swimming pool further differentiate it from typical apartment stock. The primary risk is the circa 1985 build, even with near-new references, as latent structural or common property issues may surface and strata levies could rise accordingly. Buyers should commission a thorough building and pest inspection and review the sinking fund. The off-market price guidance sits at a level where comparable waterfront houses in the area would cost significantly more, so the value proposition rests on accepting strata ownership for a superior view and position. Hold for lifestyle and capital growth driven by land component scarcity, not for short-term flipping.