Waterfront Living Secured Residences

Positioned 37 levels above Rhodes, this $2,795,000, 3-bedroom apartment presents a compelling capital growth proposition, contrasting with the suburb's 12.5% annual unit growth and a strong ASPIRE Score™ of 63/100. The north-facing configuration delivers a premium lifestyle in a tightly held market, where a 1.8% vacancy rate underscores strong rental demand from professionals. While the estimated yield is 1.27%, investors are strategically acquiring future value, with an annual after-tax cashflow of -$43,422 offset by significant long-term equity upside in this high-growth corridor.