1702/117 Bathurst Street, Sydney NSW 2000
1702/117 Bathurst Street, Sydney NSW 2000
North-facing high-floor in CBD skyscraper | 65sqm two-bedroom with study-like second bed | Greenland Centre’s resort facilities | Strong rental demand and solid yield potential
This property offers a rare combination of genuine north light and high-floor positioning in a landmark CBD tower, which directly supports both owner-occupier appeal and rental premium. The 65sqm internal area with a separate study-like second bedroom is unusually efficient for a new-build apartment, and the building’s resort facilities and on-site management reduce vacancy risk. It suits buyers seeking a lock-and-leave city base or an investment targeting professionals and students who prioritise location and amenity over space.
The primary risk is the suburb’s slight price decline and the unit’s narrow second bedroom, which may limit appeal to couples or sharers. However, the 4.8% gross yield on current estimates and consistent leasing history suggest the rental income offsets capital growth uncertainty. The buyer should hold for cash flow rather than short-term appreciation, and consider the property as a long-term income-producing position in a tightly held building with strong owner-occupier demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1702/117 Bathurst Street, Sydney NSW 2000
Market Insight:
Sydney’s market is defined by strong demand from professionals, investors, and downsizers seeking premium, low-maintenance living, supported by steady migration. Constrained supply and tight listings underpin robust price growth, though a two-speed dynamic is emerging with mid-ring areas outperforming as affordability pressures temper premium segment momentum. Future growth will be shaped by major infrastructure projects and sustained rental demand, yet moderated by ongoing affordability constraints.