302/18 Bayswater Road, Potts Point NSW 2011

302/18 Bayswater Road Potts Point | Art Deco one-bedder with balcony | Tightly held heritage precinct | Strong walkability and school catchment | Third-floor refurbished unit The buying case rests on a refurbished Art Deco one-bedroom unit in a tightly held heritage building, with a balcony and 53 square metres of functional space. This configuration is competitively rare in Potts Point, where character stock is often smaller or unrenovated. The property serves buyers seeking a low-maintenance inner-city base with strong lifestyle access and solid school catchments, rather than investors chasing yield. The heritage overlay and conservation area status preserve the neighbourhood’s character and limit new supply, which supports long-term value retention. The primary risk is the unit’s single-bedroom format in a market where two-bedroom properties command premium liquidity and rental demand. Heritage restrictions may also limit future renovation options, and the listing status has shifted, suggesting a slower or withdrawn sale process. The opportunity lies in holding for owner-occupation or medium-term rental, leveraging the walkability and transport access. This property should be bought for lifestyle and character retention, not for rapid capital growth or speculative flipping.