2106/117 Bathurst Street, Sydney NSW 2000
2106/117 Bathurst Street, Sydney NSW 2000
High-floor CBD apartment in Greenland Centre | 2-bed plus car space | Strong rental yield potential | Premium building amenities
This property offers a rare combination of a high-floor position with a dedicated car space in Sydney’s CBD, a configuration that commands a premium in the Greenland Centre. The level 21 aspect with floor-to-ceiling windows provides a quality living environment and a defensible advantage over lower-floor units. The fully furnished, open-plan layout serves owner-occupiers seeking a lock-and-leave lifestyle or investors targeting the professional tenant market. Rental estimates between $1,465 and $1,620 per week indicate a gross yield near 5 percent at the midpoint valuation, which is competitive for the precinct.
The primary risk is the limited comparable sales data for this specific unit, with the last transaction in 2013, making precise valuation challenging. The wide estimate range from $1.41 million to $1.94 million signals potential overpayment if not carefully benchmarked. However, the building’s luxury amenities, FTTP connectivity, and central location provide strong underlying demand. The off-market status presents an opportunity for a negotiated purchase without competitive bidding pressure, particularly if the seller is motivated.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2106/117 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.