42/19A Tusculum Street, Potts Point NSW 2011

Updated kitchen and bathroom | leafy fourth-floor outlook | strong rental demand in established building | no parking | compact 42sqm This one-bedroom unit in Tusculum Gardens is competitively positioned for a buyer seeking a turnkey inner-city foothold. The near-new kitchen and bathroom remove immediate capital outlay, while the fourth-floor leafy outlook is a genuine rarity in Potts Point’s dense market. Its compact 42sqm floorplan suits a single professional or investor targeting the strong 65% rental profile in the building’s locality. The estimated value around $860k aligns with local medians, and the building’s long-term owner-occupier and tenant mix signals a stable strata environment. The absence of parking is a material limitation for owner-occupiers with a car, narrowing the buyer pool to walkers, cyclists, or those reliant on public transport. The small internal area may also constrain future resale appeal to the same niche. On opportunity, the building’s 54-property scale and two current listings suggest reasonable liquidity, and the 5.37% rental yield on a comparable unit indicates income potential. Strata levies and building condition should be verified, but the updated interiors reduce near-term risk.