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16/4 McDonald Street, Potts Point NSW 2011

For Sale - Buyers Guide $480,000

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$480k - $504k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bath 28 m²

Listed: yesterday

Overview

Situated atop the boutique and secure Art Deco building 'Walsingham', this 28sqm studio apartment embodies the essence of sophisticated urban living. Positioned in a tranquil, tree-lined cul-de-sac, it offers a serene retreat while being just moments away from the vibrant amenities of Potts Point, including renowned dining precincts and efficient transport options to Sydney's CBD.

The property benefits from a desirable north/north-east aspect, bathing the interiors in natural light throughout the day and providing a pleasant leafy outlook that enhances the sense of space beyond its compact footprint. Modern enhancements complement the classic charm, featuring polished timber flooring and lofty ceilings that add to the studio's airy ambiance.

A fully renovated, separate kitchen equipped with a full-size stove balances functionality with style, catering well to culinary needs.
The updated bathroom aligns with contemporary tastes, while the internal laundry connections enable easy installation of washer and dryer units, adding practical convenience.
Excellent built-in wardrobe and storage options optimize the use of space, supporting tidy and efficient living arrangements.
Intercom security offers peace of mind in this secure complex, enhancing resident safety and privacy.
Residents can also enjoy access to a well-maintained common garden, providing outdoor amenity within the peaceful setting.

This property is especially well suited to investors seeking a high-yielding asset or professionals desiring a stylish pied-à-terre in a highly convenient and energetic inner-city location. The proximity to local icons such as the Challis Avenue dining strip, boutique shopping on Macleay Street, Kings Cross Train Station, and Rushcutters Bay Park underscores the exceptional lifestyle benefits this apartment offers.

Local Market Insights

In Potts Point, Quiet Listings observed 50 new apartments entering the market over the last 30 days, up from 44 during the previous 30-day period, with an average advertised asking price of $2,390,200. The property type mix of listed properties is predominantly Apartments at 84%, followed by units (8%), and houses (5%). 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 20%. 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.