108/19-23 Forbes Street, Woolloomooloo NSW 2011

One-bedroom Woolloomooloo apartment | 67sqm generous footprint | tightly held harbourside precinct | professional tenant demand zone This apartment competes on size and location rather than finishes or views. At 67sqm, the floorplan is unusually generous for a one-bedroom unit in this belt, which gives it an edge over the typical 50sqm product that dominates inner-city supply. The building sits inside a tightly held pocket with low turnover, meaning buyers gain scarcity advantage and insulation from oversupply risk. It suits an owner-occupier wanting genuine space near the Domain, or an investor targeting professionals who prioritise room over renovation. The unit’s main risk is that no parking is confirmed, which narrows the buyer pool and may soften resale velocity. The absence of renovation detail and floor level also leaves uncertainty around current condition and outlook. On the opportunity side, the 67sqm shell allows for a modest reconfiguration or refresh that could lift both rental yield and capital position without overcapitalising. Buyers should treat this as a hold-and-improve proposition, not a passive entry.