20/2-4 St Neot Avenue, Potts Point NSW 2011

20/2-4 St Neot Avenue, Potts Point NSW 2011
1927 architect design | unrestricted company title | rooftop terrace | cul-de-sac near park | high ceilings & light This unit presents a compelling proposition for a specific buyer, defined by its architectural pedigree and rare title structure within a quiet, green pocket of Potts Point. The combination of Claud Hamilton’s design, high ceilings, and a north-east aspect in a low-turnover, boutique building creates a scarcity that appeals to an owner-occupier seeking character and tranquility close to the city. The lack of parking is mitigated by the prime location, making it ideal for a professional or downsizer. Proceed with a clear strategy centered on the company title, which requires thorough due diligence on bylaws and financials, representing the primary transactional cost in time and complexity. The modest long-term capital growth evidenced requires a long-hold perspective; this property is not a short-term vehicle but a lifestyle purchase with stable, incremental value accrual. Acquire for personal use with a decade horizon, not speculation. A recent sale in the same building provides critical context: Β• Apartment 7 (2 bed, 1 bath) sold for $1,725,000 in July 2025. Β• It was purchased for $1,217,500 in September 2020, a 41.7% increase over five years. This demonstrates strong demand and value growth within the building, particularly for larger configurations. For this one-bedroom unit, the comparable sale sets a high ceiling for per-bedroom value and confirms the building’s market acceptance, though its smaller size and single-bedroom layout will command a proportionally lower price.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Potts Point is a high-connectivity inner-city suburb with a market defined by a clear divergence between houses and units. Demand is driven by investors and younger professionals, attracted by the vibrant location and high renter population, which sustains strong apartment turnover. While the unit market has demonstrated robust growth, the premium house segment has experienced significant price adjustments, reflecting sensitivity and constrained affordability. Future appeal remains anchored in its unparalleled proximity to the CBD, though limited house supply and high price points present ongoing market constraints.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

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