94/414-418 Pitt Street Haymarket NSW 2000

3-bed in high-density zone | 2-car garage vs typical 1 | Fort Street catchment | No risk overlays | Potential rezoning attention This unit presents a rare configuration for central Haymarket, combining three bedrooms with two secure parking spaces, a practical scarcity in a high-density apartment market. Its position within a large strata block on a substantial land parcel is typical for the area, but the specific inclusion of units 92-94 in council planning reports signals potential external attention, which prudent buyers must investigate. This property best serves owner-occupiers seeking long-term inner-city living with excellent school access or investors targeting the family rental premium evidenced by strong yield projections. The primary decision hinges on verifying the nature of the council’s flagged reports, as unknown planning triggers could affect future ownership costs or development rights. The commercial logic is clear: comparable two-bedroom units trade near $940k, anchoring value, while this larger three-bedroom format with dual parking commands a measurable premium, as seen in the $1.43m prior sale. Acquire for hold, leveraging its rental strength and configuration durability. A PropCred report would clarify the exact planning exposure and provide a real market valuation, locality risks, and strata health for decisive due diligence. Nearby sales in the same building establish a value baseline: – Unit 51 (2 bed, 1 car): $940k – Units 54 & 72 (2 bed, 1 car): $940k-$944k – Unit 70 (3 bed, 2 car): $1.43m This data confirms a material price increment for the three-bedroom, two-car format, directly supporting this unit’s estimated valuation.