1006/1 Link Road, Zetland NSW 2017
1006/1 Link Road, Zetland NSW 2017
3 bed 3 bath 2 car in Paragon | 170m² internal on 204m² lot | Rare large-floorplate in high-density Zetland | Premium apartment for families or professional sharers | Strong rental signal near $1,000/week
This apartment stands out because of its sheer size and configuration. In a suburb dominated by one and two-bedroom investor stock, a three-bedroom, three-bathroom layout with two car spaces is genuinely uncommon. The 170m² internal area gives it a floorplate closer to a small house than a typical unit, which means real separation between living and sleeping zones. That makes it a natural fit for owner-occupiers—families stepping up from smaller flats, or downsizers who want space without a garden. The 204m² lot also hints at a larger-than-usual footprint for the building, which often translates to better natural light and more usable terrace space. For investors, the indicative rent of $1,000 per week points to strong demand from high-income tenants, particularly professionals who value the Green Square precinct’s walkability to the CBD, East Village retail, and Gunyama Park. This is not a compromise purchase; it is a deliberate choice for someone prioritising space and convenience in an inner-city setting.
The value picture may be shaped by how the apartment sits within the building—floor level, aspect, and outlook are not confirmed, and these can move the needle significantly in a high-rise context. A higher floor with open views might justify a premium, while a lower level facing a courtyard could trade at a discount. The finishes are likely contemporary given the Paragon complex’s modern era, but the absence of a verified upgrade schedule means a buyer should inspect for wear on kitchens, bathrooms, and flooring. The 3.7% gross yield implied by the rent-to-value ratio is reasonable for the area, though not exceptional, so price growth will depend more on scarcity and location than on income return. The lack of flood, bushfire, or heritage overlays removes a layer of risk that can complicate other inner-city purchases, and the established nature of the precinct means fewer unknowns around future development noise. A buyer should weigh whether the premium for a three-bedroom unit is justified by the lifestyle it offers versus the alternative of a smaller apartment plus a weekend property.
|| Comparable Sales: 206/1 Link Road sold May 2024 as a 1-bed-plus-study at 102m² for a figure below this unit’s expected range | 703/1 Link Road sold July 2025, reinforcing active turnover in the complex | Property Price Band: $1.3M–$1.4M | Value Drivers: Internal floorplate size, two-car parking, modern build quality in a high-amenity precinct.
Detailed Independent Property Report prepared by PropCred Analyst team for 1006/1 Link Road, Zetland NSW 2017
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Zetland is an inner-city apartment hub with high strata ownership, positioning it for young professionals and first-home buyers seeking proximity to the CBD and transport. Demand is driven by this accessibility and solid rental yields, though the market has experienced recent price declines across both houses and units. Future dynamics are shaped by its dense apartment supply, which presents a key constraint on growth, while ongoing rental demand from urban professionals provides a stabilising counterbalance.
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PropCred Estimated Value
Comparable Sales: 206/1 Link Road sold May 2024 as a 1-bed-plus-study at 102m² for a figure below this unit’s expected range | 703/1 Link Road sold July 2025, reinforcing active turnover in the complex | Property Price Band: $1.3M–$1.4M | Value Drivers: Internal floorplate size, two-car parking, modern build quality in a high-amenity precinct.
Bedrooms
3
Bathroom
3
Parking
2
Land
181m²
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