Yield and location rarely align this well. This Art Deco one-bedroom-plus-study apartment sits in Dorchester House, a tightly held Woollahra building moments from Bondi Junction's transport and retail hub - the kind of address that keeps tenant demand steady and vacancy periods short.
Assessed at $850pw, the numbers work alongside the lifestyle: stone benchtops and brand new appliances in the separate kitchen mean lower maintenance costs from day one, while the building's Art Deco character and high ceilings set it apart from the standard investment stock flooding the market.
The adjoining sunroom off the bedroom adds flexibility tenants and owner-occupiers both value - home office, nursery, or simply extra breathing room. For investors chasing a considered Eastern Suburbs asset, or first home buyers wanting quality without compromise, this is a rare entry point into a building that doesn't come up often.
At a glance:
Rental assessment: $850pw
Tightly held building - low turnover, strong tenant demand
Low-maintenance kitchen: stone benchtops, brand new appliances
Flexible adjoining sunroom (study/nursery/WFH)
Walk to Bondi Junction transport & retail