252/298-304 Sussex Street, Sydney NSW 2000

Maestri Towers | 1-bed + car space | 60m² on Sussex St | Fort Street catchment | yields near 6% This unit sits in one of Sydney CBD’s more stable strata complexes, where nearly half the owners have held for over a decade. The configuration,a genuine 60m² one-bedroom with a car space in a security building,is increasingly rare in the inner city and gives a buyer positional leverage over newer, smaller stock. It suits an investor seeking a yield around 6% from a fully furnished setup, or an owner-occupier who values the Fort Street Public School catchment and a lock-and-leave footprint. The recent lease at $860 per week confirms rental demand is firm, and the building’s long-term ownership profile suggests limited distressed selling pressure. The main risk is the building’s mixed capital growth history: while some units have performed well, others show flat or negative annual growth over four-year holds, meaning this property is more income-driven than appreciation-driven. A buyer should not expect strong short-term capital gains. The opportunity lies in the car space and the floorplan,both are undersupplied in this price bracket,and in the fact that the unit is not currently listed, so a buyer has time to assess the market without bidding pressure. Hold this property for cash flow and school-zone access, not for a quick resale.