323/298-304 Sussex Street, Sydney NSW 2000

2 bed + 2 bath + 2 cars | 2002 build | prime CBD location | no overlays | high confidence valuations This unit presents a competitively strong configuration for the Sydney CBD, combining two car spaces with two bedrooms and bathrooms, a rarity that secures a premium position with both owner-occupiers and investors. Its absence of bushfire, flood, or heritage overlays removes significant regulatory risk, while its placement within the Fort Street and Inner Sydney High catchments anchors long-term demand. The property serves best as a low-maintenance city foothold for a professional or a high-amenity rental. Decision hinges on the strata dynamics of a 2002-built block, where a 2178sqm total site suggests substantial common infrastructure with future capital works liabilities. The wide range in recent sale outcomes within the building signals value is highly specific to unit attributes. Proceed with a strata report review to quantify sinking fund health; this unit is positioned for stable, long-term holding, not short-term trading. Recent sales within the building show varied performance: – Unit 245 (2 bed, 3 bath, 1 car) sold for $1,225,000, indicating a benchmark for larger configurations. – Unit 204 (1 bed, 1 bath) achieved $720,000, demonstrating strong recent growth at 6.59% annually. – Unit 273 (1 bed, 1 bath, 1 car) sold for $725,000 but recorded negative annual growth of -1.03%. This dispersion confirms that precise layout, aspect, and floor level critically determine value, making direct comparison difficult. The subject property’s 2021 sale aligns it with the premium end of the building’s spectrum, supported by its dual car spaces.