2206/116 Bathurst Street, Sydney NSW 2000

Brand-new luxury 2-bedder in Castle Residences | Hyde Park CBD fringe | Hotel-grade amenities | High-rise with one car space This property offers a rare combination of brand-new condition, a full two-bedroom configuration, and a highly sought-after car space in a CBD precinct where these are scarce. The Castle Residences building provides hotel-style amenity and concierge services that directly appeal to executive owner-occupiers and premium tenants. For a buyer seeking a low-maintenance city residence with strong lifestyle appeal, this unit is competitively positioned against older stock. It best suits downsizers or professionals wanting immediate occupancy and convenience. The primary risk is the premium price attached to new-build luxury apartments, which may compress capital growth in the short term if the market softens. However, the location adjacent to Hyde Park and the building’s integrated hotel services create a durable rental demand floor. The inconsistency in some listings is resolved by confirming the correct configuration. For a buyer, holding this property for medium-term occupancy or as a prestige rental offers logical returns, with the car space and brand-new condition as key differentiators.