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Victoria Street, Potts Point NSW 2011

$3.45M

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$3.45M - $3.8M High Confidence Calculated based on strong search observations.

Apartment 2 Beds 2 Baths 2 Cars 174 m² 124 m²

Listed: 48 days ago

Updated: 29 days ago

Overview

Located in the sought-after Potts Point area, this residential apartment offers a rare blend of investment potential and future personal residence benefits. The property spans a substantial 174 square metres of land with an internal floor space of 124 square metres, presenting a generous living environment in a vibrant urban setting.

With two bedrooms and two bathrooms, the layout is designed to provide comfortable and functional living spaces, ideal for professionals or small families seeking residence in one of Sydney's prestigious suburbs. The inclusion of two parking spaces adds significant convenience, a valuable feature in this locale.

The strategic negotiation and leaseback arrangements highlight the property's flexibility and appeal to investors looking for secure tenancy options while planning for future occupation. This arrangement ensures a smooth transition for all parties, with professional management overseeing the interim leasing period, enhancing the property's attractiveness for those prioritizing both immediate income and long-term habitation plans.

The apartment's location in a general residential zoning area supports a balanced lifestyle with access to the amenities and cultural offerings of Potts Point. This residence will particularly appeal to investors focused on stability and growth in a well-established neighborhood, as well as to future homeowners desiring a seamless move to a vibrant urban lifestyle.

Local Market Insights

In Potts Point, Quiet Listings observed 45 new apartments entering the market over the last 30 days, up from 37 during the previous 30-day period, with an average advertised asking price of $2,511,778. The property type mix of listed properties is predominantly Apartments at 87%, followed by units (6%), and houses (6%). The most active agency for apartments in the Potts Point area is currently Richardson & Wrench, representing 40% of new listings, followed by Ray White with 13%. 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.