3004/116 Bathurst Street, Sydney NSW 2000

3004/116 Bathurst Street, Sydney NSW 2000
High-floor corner unit | 3-bed, 2-bath, secure parking | Hyde Park and city views | Rare dual-aspect layout in this tower | Strong rental demand near metro The property’s high-floor corner positioning on level 30 delivers multi-directional views over Hyde Park and the city skyline, a configuration uncommon in this building. The 100m² internal footprint is efficient for a three-bedroom, and the inclusion of ducted reverse-cycle air conditioning, an alarm system, and a balcony with outdoor entertainment area supports both owner-occupier comfort and tenant appeal. The building’s above-ground pool and gym, plus proximity to six train and metro stations within 900 metres, make this unit suited to professional couples or small families seeking a lock-and-leave city residence with strong rental fundamentals. The absence of past sale data for this specific unit introduces valuation uncertainty, particularly given the variance between Property.com.au’s $4.62 million estimate and Domain’s $4.34 million figure. Buyers should verify strata fees and any implications from the DA8 approval affecting units 3002-3004. The 100m² lot size is modest for a three-bedroom, potentially limiting future resale to buyers prioritising location over internal space. Use this property as a long-term hold in Sydney’s constrained CBD apartment market, leveraging its positioning and views to outperform comparable units on lower floors.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3004/116 Bathurst Street, Sydney NSW 2000
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Sydney’s market is defined by strong demand from professionals, investors, and downsizers seeking premium, low-maintenance living, supported by steady migration. Constrained supply and tight listings underpin robust price growth, though a two-speed dynamic is emerging with mid-ring areas outperforming as affordability pressures temper premium segment momentum. Future growth will be shaped by major infrastructure projects and sustained rental demand, yet moderated by ongoing affordability constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

100m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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