1/113-115 Macleay Street, Potts Point NSW 2011

Heritage Art Deco curves | 1-bed in tight Potts Point stock | Last sold 2012 | No parking, strata report pending. This unit occupies a rare position in a tightly held 1965 Art Deco block within a heritage zone, where soaring ceilings and afternoon light are structural advantages, not cosmetic. The open-plan layout and recent updates reduce immediate renovation spend, while the 2012 last-sold date suggests a vendor with low cost base, creating negotiation room. It suits a buyer seeking a lock-and-leave pied-à-terre or a high-yield rental in a walk-to-transit pocket where comparable one-bedrooms cleared $1.2 million in mid-2025. The absence of parking and a strata report introduces two specific costs: ongoing rental of a nearby space and the risk of a special levy in an older building. Ordering the strata report before exchange is non-negotiable. The estimated $780,000 valuation appears below recent building sales, which may reflect unit condition or internal layout constraints rather than market weakness. Hold this property as a medium-term income asset in a supply-constrained suburb, or trade up within the same complex if a two-bedroom becomes available.