22 / 204-212 Victoria Street Potts Point NSW 2011

22 / 204-212 Victoria Street Potts Point NSW 2011
2 bed apartment with secure parking in established Victoria Street block |R1 zoning supports residential stability |Inner city location draws professionals |Steady Potts Point apartment demand. This two-bedroom apartment with two bathrooms and one parking space in a multi-unit building suits urban professionals or downsizers seeking convenience near the CBD. Positioned on the second floor of 204-212 Victoria Street, it benefits from the site’s R1 General Residential zoning, which permits ongoing residential flat buildings while maintaining neighbourhood character. The building forms part of a wider streetscape of apartment blocks, including the larger 117 Victoria Street development site nearby, blending into Potts Point’s dense urban fabric without standout bulk. Buyers typically include CBD workers valuing the short walk to transport and amenities, drawn to secure parking which remains scarce in this walkable precinct. Comparable two-bedroom units in similar strata complexes hold value steadily, with low turnover reflecting long-term owner-occupier appeal amid persistent inner-city demand. Its practical layout offers functional living space for couples or small households, enhanced by the single secure spot that underpins parking-constrained market positioning. Long-term holding potential stems from the street’s redevelopment proximity, yet the established structure ensures compliance stability versus contested new builds nearby. Overall, this unit anchors reliably in a market favouring proven apartment stock over speculative sites.

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

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Market Insight:

Potts Point is a dense inner-city precinct with strong demand driven by lifestyle, proximity to the CBD and vibrant retail and dining. The market is dominated by apartments, with high investor participation. Rental demand is consistently strong. Supply is constrained by limited redevelopment opportunities. Pricing is influenced by building quality and strata dynamics. Growth is steady but linked to apartment market cycles.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

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