1/196 Forbes Street, Darlinghurst NSW 2010

2 beds | 1 bath | 1 car | sought-after Darlinghurst pocket | active multi-unit building This two-bedroom apartment in a well-placed Forbes Street building offers a practical configuration for owner-occupiers or investors targeting the inner-city market. The single bathroom and one car space meet core needs without excess, and the location near the CBD, Oxford Street, and dining precincts supports strong rental demand and resale appeal. The property sits in a multi-unit complex with recurring market activity, indicating a liquid segment. It best suits professionals or couples seeking a convenient base with good walkability and lifestyle access. A key risk is the limited bathroom count, which may narrow appeal to families or share-house buyers, potentially capping capital growth relative to two-bathroom units. The lot size of 1084 m² refers to the building parcel, not the unit, so strata fees and building management quality are critical to assess. The estimated value around $1.27 million should be verified against recent sales in the building. Opportunities lie in the strong rental yields typical of Darlinghurst and the property’s position in a sought-after postcode. Hold for steady income or use as a city base; avoid expecting rapid short-term appreciation.