5302/117 Bathurst Street, Sydney NSW 2000

High-floor CBD apartment | two-bedroom with parking | rare building pool and spa | long-hold resident majority | strong rental yield examples This unit presents a competitively strong high-floor position within a well-amenitised CBD building, offering a full suite of owner-occupier comforts and investor-ready features. The combination of two bedrooms, two bathrooms, and secure parking is a consistently sought-after configuration. The building’s substantial in-ground pool, indoor spa, and gym access are rare communal facilities for the city centre, elevating its lifestyle appeal. This property best serves a buyer seeking a low-maintenance inner-city base, whether as a primary residence or a rental investment, given the demonstrated rental demand within the building itself. Decision hinges on reconciling the wide valuation range with the building’s mixed performance history. Key risk is the significant negative growth evidenced in some recent sales, indicating potential volatility and over-supply pressure within the tower. The opportunity lies in securing a high-floor unit below the inflated asking prices of other listings, targeting a yield supported by the building’s rental history. This is a long-hold proposition, unsuitable for short-term gains, with its utility defined by locking in a sustainable yield or a permanent city address. Recent sales in the building provide critical context. Unit 7508, a larger 123m² two-bedroom, sold for $2.4 million. Unit 3703, a closer comparable, sold for $1.95 million after a two-year hold. The listed unit 7203, at 94m², asks $2.45 million. This data suggests a premium for larger floor plans and confirms a broad price bracket for two-bedroom units here. For 5302, at 99m², value must be carefully assessed against these benchmarks, likely positioning it between the lower recent sale and the higher current listing.