705B/8 Bourke Street, Mascot NSW 2020
705B/8 Bourke Street, Mascot NSW 2020
Split-level penthouse | 111m² on two floors | Two car spaces | Mascot’s larger apartment tier
This property stands apart from typical Mascot apartments because of its size and configuration. At 111 square metres with two car spaces and a split-level layout across the seventh and eighth floors, it offers a footprint more commonly found in older-style flats or boutique developments. The penthouse-style arrangement gives it a sense of separation and privacy that standard single-level units lack. For buyers who want apartment living without the compact floor plan, this is a rare find in the suburb. It is best suited to owner-occupiers or downsizers who value internal space, parking for two vehicles, and a layout that feels more like a small house than a flat. The large site area of 1,436 square metres also suggests the building itself has good proportions, which may support common property amenity and long-term liveability.
Several factors may influence how this property is valued. The split-level design, while appealing, can limit accessibility for some buyers and may affect resale pool size. The absence of confirmed building age or strata levies means ongoing costs and structural condition are unknowns that could shift the price equation. Without verified aspect or outlook data, the quality of natural light and views remains speculative, and these often carry weight in penthouse-style apartments. A buyer should weigh the rarity of the floor plan and parking against the potential for higher strata fees or maintenance in an older building. The lack of confirmed onsite amenities may also narrow appeal compared to full-service complexes.
Detailed Independent Property Report prepared by PropCred Analyst team for 705B/8 Bourke Street, Mascot NSW 2020
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Mascot presents a market of distinct segments, with its apartment sector demonstrating robust growth, appealing strongly to young professionals drawn by high rental yields and proximity to the city. While house prices have softened recently, indicating a more measured market, the suburb’s high mortgage commitments and rental affordability pressures highlight significant constraints. Future performance will hinge on broader economic factors and the sustained demand from its core demographic within this well-located urban hub.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
1436m²
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