122/361-363 Kent Street Sydney NSW 2000

Dual-access CBD apartment | West-facing harbour views | Resort facilities included | 3-bedroom dual-tenancy configuration This property offers a rare configuration advantage in the Sydney CBD market: a dual-access layout that separates a self-contained studio from the main apartment, allowing an owner-occupier to offset mortgage costs or an investor to capture two income streams from a single title. The 133-square-metre internal area, two secure car spaces, and direct water views over Cockle Bay and Darling Harbour are uncommon at this price point, positioning the unit as a hybrid between a lifestyle residence and a yield-producing structure. It best suits a buyer who values flexibility—either a professional seeking a home with a rental wing or an investor targeting the premium end of the CBD rental market. The primary risk is the property’s exposure to strata levies and potential special levies given the building’s resort-style amenities, which can compress net yield for an investor. The west-facing aspect, while providing afternoon sun and harbour views, also means higher cooling costs and potential heat gain in summer. The dual-tenancy arrangement, while commercially logical, requires careful tenant management to avoid conflicts between occupants sharing common areas. For an owner-occupier, the opportunity lies in using the studio as a home office or short-term rental, subject to strata by-laws. Hold this property as a medium-term core holding; its configuration and location support both capital growth and income resilience, but the buyer should verify the building’s sinking fund and any upcoming capital works before proceeding.