98/156-164 Chalmers Street, Surry Hills NSW 2010

Top-floor corner apartment | dual secure parking | premium renovation | opposite park | Tech Central adjacency This unit presents a competitively strong offering for a professional or investor seeking a premium, low-maintenance inner-city residence. Its rare combination of dual parking, a top-floor position with district views, and a full high-spec renovation in a large 128 sqm format is uncommon in Surry Hills. The location, directly opposite Prince Alfred Park and adjacent to the forthcoming Tech Central precinct, ensures enduring demand from tenants and owner-occupiers seeking transport access and lifestyle. Proceed with clear calculation of the costs attached to its advantages. The high quarterly strata levy of $2,822 funds building amenities but permanently impacts cash flow. Heritage overlay constraints limit external modification potential. For a buyer, the commercial logic is to hold this as a long-term rental targeting corporate tenancies in the growing tech hub, where its premium finishes and dual parking will command a rent premium to partially offset the strata burden. It is a hold for yield and gradual capital growth, not for short-term gain. Recent comparable sales data is limited, but the property’s own sale history provides a benchmark: * Feb 2024: Sold for $1.25 million. This rapid resale within a year suggests strong underlying demand. For a prospective buyer, this recent transaction establishes a credible price floor, indicating the market’s willingness to pay a premium for this configuration even prior to the Tech Central catalyst fully maturing.