761/8A Mary Street Rhodes NSW 2138

Large 3-bed unit in high-rise suburb | Two secure car spaces | 144sqm internal floorplan | 2007-built mid-rise | Walk to schools and station This property presents a competitively strong offering within the Rhodes apartment market, primarily due to its larger three-bedroom configuration and dual parking—features that are notably scarce among the dominant high-rise stock. Its substantial internal area and 2007 build date position it as a more spacious, established alternative to newer, often smaller, towers. This unit serves a buyer seeking family-scale accommodation or a superior rental proposition in a well-serviced peninsula location, capitalizing on consistent tenant demand from professionals and students. The decision hinges on accepting the unit’s strata share of a large land title, which carries inherent cost and governance complexities, and the broader suburb’s exposure to ongoing high-density construction pressure. The estimated gross yield near three percent is modest, framing this as a long-term capital holding rather than a high-income investment. A prudent buyer would leverage a property report to stress-test the valuation against true comparable sales, scrutinize strata health for pool and building maintenance liabilities, and confirm the absence of flood risk for insurance premiums.