701/12 Bishopsgate Street, Wickham NSW 2293

Sub-penthouse level | sweeping district views | fully furnished offering | prime Wickham location This unit’s sub-penthouse positioning on the second-highest floor delivers a genuine scarcity premium in a sought-after building, translating to superior views and privacy that outperform typical stock. The fully furnished presentation and open-plan layout cater directly to the premium rental market or a buyer seeking immediate occupancy, with rental estimates supporting strong yield. It serves an investor targeting high-income tenants or a professional owner-occupier valuing a lock-and-leave lifestyle in a central urban hub. The primary risk is the flood overlay, which necessitates specialised insurance and may constrain future capital growth relative to unencumbered properties. The recent sale price, slightly above the estimated low range, suggests the market recognises its premium features. Acquire this property as a long-term hold to capitalise on Wickham’s ongoing gentrification; its configuration ensures it will remain at the upper end of the building’s rental and resale spectrum. Recent comparable sales indicate a robust market. A nearby 77m² unit sold for $950,000, establishing a benchmark that underscores this property’s premium for its level, views, and furnished state. This context confirms that the asking positioning is aligned with a superior offering within the locale.