Price Guide: $250,000+

Situated on the extremely popular “Macleay Street”, this unique studio apartment, with a super-sized terrace, will make an excellent investment or city pad. The apartment is compact at around 20m2, but the terrace is 26m2, and has a fantastic street-side outlook into the buzzing, vibrant atmosphere below. Rental returns of around $300 per week could be expected once the property has been slightly improved.

The building has a tasteful entry and given its fantastic & convenient location, you are assured of virtually no vacancy rates and high returns.

Similarly, if you are looking for a great pied-a-terre in Sydneys most fashionable inner-city location, this is a great one-off opportunity.

**40 Macleay Street was previously known as “The Sheraton Hotel” and was the sight of the famous Beatles stay in 1964 – See the attached photo**