813/38-42 Bridge Street, Sydney NSW 2000

Prime Sydney CBD position | renovated one-bedder with parking | building amenities add appeal | recent sale at $735k sets a benchmark This unit presents a compelling buying case for those seeking a turnkey CBD foothold with genuine lifestyle convenience. The renovation is complete and contemporary, removing immediate capital outlay, while the inclusion of a parking space in this location is a material competitive advantage. The building’s concierge and gym, plus the proximity to Circular Quay and multiple transport nodes, serve owner-occupiers who prioritise walkability and low-maintenance living. For an investor, the recent $735k sale provides a recent, verified floor for valuation, and the strong rental demand in this precinct supports income certainty. The primary risk is the current $885k list price, which sits well above the October 2025 sale,this gap signals either an aspirational vendor or a need for patient negotiation. The 1966 build age may carry future levy risk, though the renovated interior offsets immediate maintenance concerns. The opportunity lies in benchmarking against comparable sales in the Bridgeport building and using the recent transaction as leverage. Hold this property as a core Sydney CBD pied-à-terre or a long-term rental holding, not a short-term flip.