9/238 Raglan Street Mosman NSW 2088

| North-east water views | 2-min walk to Balmoral | 1962 brick unit | 73-84m² floorplan | Owner-occupied block This unit offers a rare configuration edge in Mosman: a two-bedroom floorplan on a tightly held, predominantly owner-occupied block with direct north-east water views and immediate proximity to Balmoral Beach. The 1962 brick construction signals solid build quality and lower ongoing strata risk compared to newer stock. For a buyer seeking a low-maintenance coastal residence with strong lifestyle appeal, the location and aspect provide a competitive advantage that few units in this price bracket can match. The property suits downsizers or professionals who prioritise walkability and natural light over internal square footage. The primary risk is the modest internal area and single bathroom, which limits appeal to families and may compress future resale demand. The 2013 purchase price of $890,000 indicates significant capital growth already priced in, so further upside depends on Mosman’s continued scarcity of well-located units rather than renovation potential. The opportunity lies in holding as a permanent residence or long-term rental, given the estimated weekly rent of $925–$1,155 and the block’s low vacancy profile. Use this property as a lifestyle anchor in a premium coastal pocket, not as a short-term trade.