5/6A Greenknowe Avenue, Elizabeth Bay NSW 2011

5/6A Greenknowe Avenue, Elizabeth Bay NSW 2011
North-east corner | Art Deco character | 105mยฒ internal | Rooftop harbour outlook | Company title flexibility This property occupies a rare corner position within a sought-after Art Deco building, offering natural light across generous living spaces that are uncommon for a two-bedroom unit of this era. The marble kitchen and herringbone floors signal a renovation that respects the buildingโ€™s heritage while meeting contemporary expectations, which reduces the need for immediate capital outlay. The unrestricted company title and pet allowance widen the buyer pool, making this suitable for both owner-occupiers seeking lifestyle amenity and investors wanting rental flexibility from day one. The main risk lies in company title ownership, which may limit financing options for some buyers and could affect future resale velocity. The recent May 2024 sale provides a clear price benchmark, and with the suburb experiencing negative growth, there is potential to negotiate below that level if market conditions soften further. The rooftop terrace and harbour views are a genuine differentiator in this price bracket, and the heritage overlay protects the buildingโ€™s character without imposing bushfire or flood constraints.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/6A Greenknowe Avenue, Elizabeth Bay NSW 2011
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Market Insight:

Elizabeth Bay is a high-status, quiet inner-city enclave prized for its permeability, proximity to the CBD, and harbour beaches. Demand is driven by its enduring prestige and appeal to renters seeking a central, low-traffic lifestyle. The housing market has demonstrated strong recent growth, while the unit segment presents a more varied performance. Future prospects are anchored by its prime location, though the market’s trajectory reflects the nuanced dynamics between its established houses and attached dwellings.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

105mยฒ

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