13/56 Mount Street, Pyrmont NSW 2009

Luxury townhouse with dual income studios | private lift and wellness retreat | rare Paragon address | smart-home integrated four-level design. This property occupies a genuinely rare position in Pyrmont, combining a full-floor master suite with two self-contained studios that generate separate rental income,a structural advantage most townhouses lack. The private lift, smart-home integration, and rooftop terrace with kitchenette and shower are not merely finishes but functional features that reduce friction for an owner-occupier while supporting premium rental demand. The Paragon development’s tightly held nature and walkability to Darling Harbour, Barangaroo, and light rail make this most suitable for a professional couple or family seeking lock-and-leave convenience with income offset. The dual studio configuration introduces tenant turnover and management complexity, which a buyer must factor into holding costs if not occupying the main residence. The 2018 purchase date suggests the guide may reflect subdued recent comparables rather than current market momentum. However, the wellness basement and rooftop entertainer space create an event-grade property that can command a premium over standard townhouses in the precinct. Hold as a hybrid owner-occupied and income-producing home, or convert fully to a high-yield rental portfolio asset with minimal repositioning cost.