10/265 Crown Street, Surry Hills, NSW 2010

This is a 1-Bedroom, 1-Bathroom, 1-Car Apartment with plans to add 2nd bedroom

This spacious apartment offers an ideal opportunity to capitalise on an increasing property value. Featuring one large bedroom, bathroom and secure parking. A large terrace area, provides ample outdoor space, designed to fill the apartment with natural light throughout the day.

Situated in the heart of Surry Hills, the apartment is conveniently located within walking distance to an array of cafes, shops, and parks, while also offering easy commute to work.

The property comes with approved strata plans to transform one area of the terrace into a second bedroom, allowing for future expansion. This change will enhance the property's value and utility, making it an attractive prospect for long-term investment.

Significantly, the owners are facing financial difficulties and are willing to sell at or around cost ($1.1m-$1.15m).

As a reference for the growth that is possible, the neighbouring unit which is 1 bedroom but fully renovated is guiding $1.4m. See here.

See below plans that have been drawn and also a floorplan of an apartment in the building who has done a similar renovation.