18/102-104 Albion Street, Surry Hills NSW 2010

Warehouse conversion | dual-level loft | park outlook | Crown Street edge This apartment occupies a rare position in a sought-after warehouse conversion, where the dual-level layout and double-height ceilings create a spatial advantage most flats in this price bracket lack. The InHaus renovation is not cosmetic; it upgrades the property to a turnkey standard that typically commands a premium in Surry Hills’ owner-occupier market. With 55% owner-occupancy in the building and a rooftop terrace, the complex supports a stable residential feel. The property suits a professional buyer seeking a lock-and-leave home with strong amenity adjacency, or an investor targeting tenants who value design and location over square metreage. The flood and heritage overlays introduce no immediate cost but may constrain future modifications or insurance terms. The 53m² footprint is compact for a dual-level, and the loft bedroom lacks a full-height partition, which limits appeal for couples requiring separation. Parking is a genuine advantage in this precinct. The 2024 sale at $880,000 provides a recent benchmark, though the guide suggests modest upward pressure. Hold as a primary residence for lifestyle yield, or lease to a single professional; capital growth will track the broader Surry Hills market, not outperform it.