5/42 Flinton Street, Paddington NSW 2021

Secure double lock-up garage | Rare 114sqm floorplate | Paddington Green complex | Premium eastern suburbs pocket This property presents a strong buying case due to its unusually large floorplan and rare double garage with direct internal access, which is a competitive edge in Paddington’s apartment market. The 114sqm total area, including a private outdoor entertaining space, positions it well above typical two-bedroom units in the suburb, where median sizes are significantly smaller. The complex amenities and walkable location to cafés and parklands serve downsizers and professionals seeking low-maintenance living without sacrificing space or convenience. The main risk is the high strata levy of $3,559 per quarter, which may deter some buyers and should be carefully reviewed for sinking fund adequacy and future special levies. The property’s recent rental history and lack of a disclosed sale price create some pricing uncertainty, though the comparable sale in the same building provides a useful reference point. The opportunity lies in the building’s 60% owner-occupier rate, suggesting stable resident quality and potentially better capital preservation than higher-density complexes.