324/46-50 Burton Street, Darlinghurst NSW 2010

324/46-50 Burton Street, Darlinghurst NSW 2010
Tri-level apartment | rooftop terrace with spa | 2 car spaces | city skyline views | premium Darlinghurst position This property presents a competitively strong offering within the Darlinghurst market, distinguished by its tri-level layout, private rooftop terrace with spa, and two secure parking spaces-a combination that is rare for the suburb. The unit’s resort-style building amenities and north-facing aspect commanding uninterrupted city views position it for sustained appeal among upsizing professionals or discerning investors seeking a lifestyle property. Its configuration and finishes directly serve a premium segment where demand is reinforced by high-confidence rental estimates, indicating a property that will outperform typical strata stock in both occupancy and capital retention. The decision to proceed must weigh specific risk mechanisms, namely the flood and heritage overlays which limit structural alterations and impose potential insurance costs. These are partially offset by the property’s top-floor placement, mitigating immediate flood impact. The commercial logic lies in acquiring a turn-key property in a tightly held locale where such expansive layouts seldom trade, securing a long-term holding with superior amenity. For a buyer, this is a hold proposition; its value is in use as a primary residence capturing the lifestyle premium, or as a leveraged investment benefiting from strong rental demand in a supply-constrained niche.

Market Insight:

Darlinghurst is a tightly held, high-demand inner-city suburb defined by its scarcity of detached homes and vibrant lifestyle appeal. Demand is driven by young professionals and downsizers drawn to its cultural scene and CBD proximity, with investors also active. The housing market exhibits strong recent growth, while the unit segment shows more varied performance. Future growth is underpinned by limited new supply and sustained inner-city desirability, though high prices and a low turnover market present sensitivity to economic conditions.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1.04 acres

Built

Recent Assessments