8/22 Fairlight Street, Fairlight NSW 2094

Harbour views to the ocean | third-floor prestige in a lift building | 185sqm on title | tightly held Fairlight pocket This unit offers a rare combination of scale and outlook in a suburb where three-bedroom apartments at this size are seldom available. The 185sqm floorplan, dual balconies capturing harbour and ocean views, and a CaesarStone kitchen with water views position it well above the typical apartment offering. The full brick building with lift access and recently upgraded common areas reduces the risk of major capital works, which matters for a buyer seeking a long-term home. It suits downsizers wanting single-level living without sacrificing entertaining space, or families prioritising proximity to Manly’s harbour beaches and dining while staying inside the Northern Beaches Secondary College catchment. The primary risk is the auction process in a market where clearance rates sit at 85% for units, which may drive competitive bidding beyond the estimated value. However, the 2011 purchase price of $1.035m and the current estimated $3.5m reflect strong capital growth, and the $2,000pw rental potential offers a fallback if circumstances change. No bushfire or flood overlay reduces insurance and compliance concerns. The demographic skew toward long-term residents and a 20-39 age group signals stable demand, and the 5G coverage supports remote work without relying on FTTP as a prime feature. Buyers should verify the strata levies and sinking fund position given the building’s age, but the recent upgrade work suggests proactive management.