Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1603
Level 16
Waterfront Living Secured Residences
Rhodes — Unit 1603 | 2B/2B/1C
1 Marquet St Rhodes NSW 2138 · Rhodes, NSW 2138
70ASPIRE
$1,230,000
2.9% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
93m²
Total Area
Aspect: Building R
Financial Analysis
Purchase Price
$1,230,000
NSW Stamp Duty
$50,060
Est. Weekly Rent
$680/wk
Gross Yield
2.87%
Year 1 After-Tax Cashflow
$-9,074
Est. Mortgage (80% LVR)
$1389/wk
6.19% rate, 30yr P&I
Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.
About This Residence
Positioned as a premium offering in a market where the median unit price is $850,000, this 16th-floor apartment commands a $1,23m price tag reflecting its superior waterfront position and delivering a solid ASPIRE Score™ of 70/100. The two-bedroom, two-bathroom layout in Building R offers a highly sought-after modern lifestyle directly connected to Rhodes' vibrant community and transport hub. With an estimated weekly rent of $680 underpinning strong local demand, this property represents a strategic entry into a suburb that has seen unit values grow 52% over the past five years.
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Related Insights
Rhodes Suburb Profile
2138 · Median $850K
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Quick Summary
Property Typeproject
Level16
AspectBuilding R
Deposit (20%)$246,000
Loan Amount$984,000
Development Features
**FEATURE HIGHLIGHTS**
• **Secure your waterfront lifestyle** from $835
000 in Rhodes Peninsula — Sydney's fastest-growing connected community with 12 minutes to CBD via direct train access
• **Move in sooner** with construction already commenced by iCIRT-rated developer Deicorp
eliminating typical project delays and uncertainty
• **Walk everywhere that matters** — 2 minutes to Rhodes Train Station
direct connection to Rhodes Central shopping
and waterfront dining at Rhodes Waterside
• **Enjoy premium finishes** in meticulously designed 1-bedroom apartments featuring quality fixtures
spacious layouts
and expansive city/district views
• **Relax in your private resort** with exclusive resident-only podium garden offering open lawns
communal BBQs