10/2-14 Bunn Street, Pyrmont NSW 2009

Brick construction in a premium pocket | Tandem parking for two cars | Strong rental yield for investors | Walk to Darling Harbour and fish market The unit’s full-brick build and low strata fees give it a structural edge over newer stock, meaning fewer capital calls for the buyer. The 92sqm floor plan with two secure car spaces is rare in Pyrmont, where most apartments trade without tandem parking. This configuration serves owner-occupiers wanting space and investors chasing a weekly rent above $1,000. The leafy outlook and fresh paint reduce immediate reno spend, and the 2000 build year avoids the compliance risks of older blocks. The main risk is the 36% auction clearance rate in the area, which signals soft demand and a possible price negotiation window before the 23 May auction. The last sale in the building was 1998, so there is no recent price benchmark to anchor expectations. The 60% renter population means turnover noise and less community feel, but the rental return of $1,060 per week covers holding costs comfortably. Buyers should inspect early, test vendor motivation, and treat the property as a long-term hold with reliable cash flow.