406/5 Ward Ave, Potts Point, NSW, 2011

High Yield Investment - Open Design Studio Apartment in great location !

Studio
Type
1
Bathrooms

Published on Wednesday, April 01, 2026 ( See property details for 406/5 Ward Ave, Potts Point, NSW, 2011)

Price Guide $450,000-$480,000

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

This spacious, light-filled north-facing studio in Potts Point offers an exceptional lifestyle with resort-style amenities and excellent convenience for investors or first-home buyers.

🏡 Property Highlights

  • Prime north-facing, light-filled studio in a highly sought-after Potts Point location
  • Excellent rental potential with an estimated $600/week income
  • Resort-style amenities including swimming pool, sauna, and lift access
  • Fully furnished, open-plan design maximising space and comfort
  • Conveniently located just minutes from CBD, public transport, and shopping precincts
  • Situated on the fourth floor within a secure, well-maintained building

✨ Key Features

  • Swimming Pool
  • Lift
  • Sauna
  • Open-Plan Living
  • Furnished
  • Air Conditioning
  • Security Building
  • Common Laundry
  • Pet-Friendly
  • Balcony

Potts Point is a vibrant, highly desirable suburb renowned for its eclectic dining, boutique shopping, and stunning harbour views. Its proximity to the CBD makes it ideal for professionals and investors alike. The area offers excellent public transport options, a lively cultural scene, and a range of parks and outdoor spaces, providing a dynamic lifestyle in a historic yet modern setting.

What are the ongoing strata fees and what do they include?
The strata fees are $792 per quarter and typically cover building maintenance, common area upkeep, and access to amenities such as the pool and sauna.
Is the apartment suitable for short-term rentals or Airbnb?
Yes, given its fully furnished setup and prime location, the apartment is well-suited for short-term rentals, subject to strata and local council regulations.
What is the condition of the building and the apartment?
The building is well-maintained and secure, with recent updates to common areas. The apartment itself is in excellent condition, ready for immediate occupancy or rental.
Are there any restrictions on pets in the building?
The building is pet-friendly, allowing residents to keep pets, subject to strata by-laws.
What are the nearby amenities and transport options?
The property is just a minute walk to the station and city buses, with Kingsgate Shopping Centre, supermarkets, and Harris Farm Markets within a short stroll.
Are there any upcoming strata fee increases or special levies planned? Has the apartment been recently renovated or does it require any repairs? Are there any zoning restrictions or easements affecting the property? Is the building compliant with current fire and safety regulations? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term maintenance costs for the building? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on short-term rentals or Airbnb usage? What are the total annual costs including council, water, and strata fees? Are there any noise or neighbour-related issues to be aware of?

406/5 Ward Ave, Potts Point, NSW, 2011 - More Details

High Yield Investment - Open Design Studio Apartment in great location !

Type
Studio
Bathrooms
1

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