Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2404
Level 24
Waterfront Living Secured Residences
Rhodes — Unit 2404 | 3B/2B/1C
1 Marquet St Rhodes NSW 2138 · Rhodes, NSW 2138
64ASPIRE
$1,800,000
2.0% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
115m²
Total Area
Aspect: Building R
Financial Analysis
Purchase Price
$1,800,000
NSW Stamp Duty
$81,410
Est. Weekly Rent
$680/wk
Gross Yield
1.96%
Year 1 After-Tax Cashflow
$-21,584
Est. Mortgage (80% LVR)
$2033/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
Priced at $1,800,000, Unit 2404 offers a luxurious 3-bedroom floorplan in a prime waterfront building, presenting a lifestyle of convenience with the suburb's 78/100 walkability score linking you to dining and transport. With an ASPIRE Score™ of 64/100, this high-floor residence requires a strategic investor to leverage its strong position in a market where units have delivered 52% growth over five years, despite its current estimated negative cashflow of $-21,584 in the first year.
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Related Insights
Rhodes Suburb Profile
2138 · Median $850K
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Quick Summary
Property Typeproject
Level24
AspectBuilding R
Deposit (20%)$360,000
Loan Amount$1,440,000
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