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42/20 Springfield Avenue

Potts Point NSW 2011

1
0 m²
Studio
Currently for sale - view listing

Overview

Affordable studio opportunity with scope to modernise

A rare opportunity to secure an affordable top-floor studio in the heart of Potts Point, with north-facing light, a Juliet balcony and district views extending to the CBD skyline. Set on level five of the circa-1930s 'Sandringham' building, the 19sqm strata-title apartment is neat and liveable, while the kitchen and bathroom offer clear scope for a total makeover and the opportunity to add value. With dual access from Springfield Avenue and a bonus rear entry directly onto colourful Llankelly Place, the location puts cafes, eateries and restaurants at the doorstep, with Harris Farm next door, Kings Cross rail and regular bus services close by. A compelling city pad or investment in a location with strong rental demand, the property has been successfully held as an investment since 1993. Highlights * Affordable Potts Point opportunity * Desirable top-floor level 5 position * 19sqm on title in a Strata building * North-facing & great natural light * Juliet balcony with district views * Outlooks of the CBD skyline * Obvious potential to add value * Kitchen/bath ready to modernise * Circa-1930s building, 'Sandringham' * Dual access from Springfield Avenue * Rear door to Llankelly Place precinct * Amid cafes, eateries and restaurants * Shopping & Harris Farm next door * Steps to Kings Cross trains, city buses * Proven area of strong rental demand * Held as an investment since 1993 * Affordable city home, lifestyle, asset

Features

1 bathroom
0 m² floor area
Studio

Property history for 42/20 Springfield Avenue

2021
Rented
Undisclosed
Leased on 08 Feb 2021 by Mcgrath Potts Point
2020
Rented
Undisclosed
Leased on 04 Aug 2020 by Laing+Simmons East Group
2020
Rented
Undisclosed
Leased on 08 Jan 2020 by Mcgrath Potts Point

Happy sellers in Potts Point

80%
80% of sellers in Potts Point reported that their sale price either exceeded or met their price expectations.

Potts Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 65 reviews in Potts Point over the last 12 months.

Local market activity for studios in Potts Point

In the last 12 months, 42 studios similar to 42/20 Springfield Avenue, have been sold.

This represents a 5% increase in studios sales when compared to the previous 12 months.

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