303 / 128 Military Road (entry from 11 Grosvenor Lane)

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303/128 Military Road, Neutral Bay NSW 2089

Auction Guide $1,200.000

Search Band Search Visibility Band

$1.2M - $1.32M Low Confidence Calculated based on limited search observations.

Apartment 2 Beds 1 Bath 1 Car 105 m²

Listed: 8 days ago

Updated: yesterday

Overview

Set within a premium building in Neutral Bay, this stylish apartment offers a sophisticated urban retreat defined by seamless indoor-outdoor living. The design capitalizes on dual expansive outdoor areas with a generous entertainer's terrace on one side and a sunlit balcony on the other, creating multiple options for relaxation or hosting.

The versatile layout distinctly separates living and dining spaces, enhancing functionality and flow, while the kitchen acts as a practical divider that supports effortless daily living and entertaining. Fresh design touches and ducted air conditioning add comfort and modern appeal.

Security and convenience are prioritized with intercom access, secure basement parking, storage, and lift access to all levels. The building’s communal rooftop terrace, complete with BBQ facilities and a gym, provides added lifestyle benefits and encourages an active neighborhood lifestyle.

With two bedrooms, a centrally located bathroom, and a private garage, this home suits professionals or small families seeking a cosmopolitan lifestyle with easy access to some of Sydney’s notable restaurants, cafes, and bars, as well as the iconic Oaks Hotel and convenient transport links.

Outgoings include manageable strata, council, and water fees, and there is an estimated rental return of about $1200 per week, making it appealing both as a comfortable residence and a sound investment opportunity.

Local Market Insights

In Neutral Bay, Quiet Listings observed 11 new apartments entering the market over the last 30 days, unchanged from 11 in the prior period, with an average advertised asking price of $1,590,909. The property type mix of listed properties is predominantly Apartments at 60%, followed by houses (20%), and units (10%). The most active agency for apartments in the Neutral Bay area is currently McGrath Estate Agents, representing 36% of new listings, followed by Shore Partners Neutral Bay with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.