Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3505
Level 35
Waterfront Living Secured Residences
Rhodes — Unit 3505 | 2B/2B/1C
1 Marquet St Rhodes NSW 2138 · Rhodes, NSW 2138
65ASPIRE
$1,570,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
85m²
Total Area
Aspect: Building R
Financial Analysis
Purchase Price
$1,570,000
NSW Stamp Duty
$68,760
Est. Weekly Rent
$680/wk
Gross Yield
2.25%
Year 1 After-Tax Cashflow
$-16,536
Est. Mortgage (80% LVR)
$1773/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
With an ASPIRE Score™ of 65/100, this investment sits at a $1,570,000 price point, offering a compelling alternative given Rhodes' impressive 12.5% annual unit growth. This high-level 2 bedroom apartment provides a premium lock-and-leave lifestyle in a tightly held waterfront precinct known for strong rental demand. While the annual yield is 2.25%, the estimated first-year cashflow position of $-16,536 is offset by substantial depreciation benefits and the suburb's robust capital growth trajectory, making it a strategic long-term holding.
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Related Insights
Rhodes Suburb Profile
2138 · Median $850K
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Quick Summary
Property Typeproject
Level35
AspectBuilding R
Deposit (20%)$314,000
Loan Amount$1,256,000
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