31/5-7 The Esplanade, Elizabeth Bay, NSW 2011

$610,000

Studio
Type
1
Bathrooms

Last updated on Monday, July 06, 2026 ( See property details for 31/5-7 The Esplanade, Elizabeth Bay, NSW 2011)

$610,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish, light-filled waterfront studio with stunning harbour views, modern updates, and excellent investment potential in a secure building with resort-style amenities.

🏡 Property Highlights

  • Tightly held waterfront building with secure lift access
  • North-facing balcony with green harbour views overlooking Beare Park
  • Light-filled interiors with an open-plan layout
  • Updated kitchen featuring gas cooking
  • Strong Airbnb and short-stay performance, ideal for investment
  • Resort-style amenities including swimming pool and barbecue area

✨ Key Features

  • Swimming Pool
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Garage / Secure Parking

Elizabeth Bay offers a vibrant harbourfront lifestyle with stunning water views, proximity to Potts Point's cafes and nightlife, lush parks and outdoor spaces, excellent public transport links, and a strong community atmosphere, making it a highly desirable inner Sydney suburb for residents and investors alike.

What are the ongoing strata or building management fees?
The current strata fees cover building maintenance, shared amenities, and insurance, providing a well-maintained and secure environment.
Is the property suitable for short-term rentals like Airbnb?
Yes, the property has a strong history of successful short-term rentals and Airbnb performance, making it an attractive investment option.
Are there any restrictions or approvals needed for future renovations?
Any renovations or modifications would require approval from the strata or building management, and compliance with local council regulations.
What is the condition of the building's common areas and amenities?
The building features well-maintained common areas, including a swimming pool, barbecue area, and modern shared laundry facilities.
Are there any known issues with flooding, bushfire risk, or environmental hazards?
The property is located in a well-established, harbourfront cul-de-sac with no known flood or bushfire risks based on current assessments.
Are there any upcoming planned maintenance or special levies that could increase costs? Is there any ongoing or planned development nearby that could affect views or noise levels? Are there any restrictions on pet ownership within the building? Has the property been recently renovated or updated, and are there any warranties? Are there any easements, zoning restrictions, or planning permits affecting the property?

31/5-7 The Esplanade, Elizabeth Bay, NSW 2011 - More Details

$610,000

Auction Location: On site

Positioned within tightly held waterfront building Karingal opposite Beare Park, this beautifully presented studio delivers an effortless Elizabeth Bay lifestyle with exceptional investment versatility. Framed by leafy harbour outlooks from a north-facing balcony, the apartment combines light-filled interiors, refined modern updates and a peaceful cul-de-sac setting moments from Potts Point and the city fringe. With a history as a successful short-term rental and Airbnb with strong performance, it presents as both a stylish retreat and compelling investment opportunity. Footsteps to the area's popular off-leash dog park and picnic/sunbathing spot, it's set in a building with swimming pool, barbecue area, and modern shared laundry facilities.

Highlights
* In a tightly held waterfront building
* North-facing balcony & green views
* Directly overlooking idyllic Beare Park
* Light-filled interiors, open-plan layout
* Neat updated kitchen with gas cooking
* Built-in wardrobe and ample storage
* Secure building with lift access & pool
* Barbecue area, shared laundry facilities
* Quiet harbourfront cul-de-sac setting
* Strong Airbnb & short-stay performance
* Wide home/lifestyle/investment appeal
* Marina, cafe, harbour on your doorstep
* Quiet respite 10-min walk to Kings X trains
* The best of Inner Sydney on your doorstep
Type
Studio
Bathrooms
1
House Size
30.39 m²

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