1505/116 Bathurst Street, Sydney, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

1505/116 Bathurst Street
Sydney NSW 2000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 1505/116 Bathurst St, Sydney

1505/116 Bathurst St, Sydney is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Local Government
Sydney
Lot/Plan
23/SP103354

Last Listing description (February 2023)

Contemporary Living in the Heart of Downtown Sydney.

The landmark Castle Residences stands tall on Sydney's busy Bathurst and Castlereagh Streets. Hutchies was thrilled to work with United Development Sydney on this flagship luxury mixed use development designed by award-winning architects Candalepas Associates.

Construction of the 37 storey tower began in late 2018 and included the sensitive refurbishment of the 142 year old heritage listed Porter House building next door. The project brings together high-end apartments with five-star luxury hotel services and amenities a distinctive offering in the Australian market.

Sitting above a 6 level basement, Castle Residences is home to 131 stunning apartments. The stand out faade boasts beautifully crafted off form concrete domes on the lower floors which perfectly complement the repetitive moulded sandstone vaneer of Porter House. Beyond level 11 it cantilevers 12m off the side and continue up 27 storeys above suspended gracefully over the Porter House building. The top of the tower offers 5 levels of stunning stepped sky gardens to its residents.

The Porter House Hotel by MGallery offers 121 luxury hotel rooms over 10 levels. The building, formerly known as Dixson & Sons Tobacco Factory, was originally constructed circa 1876 in Victorian Classic Style and has a significant presence on the Castlereagh streetscape even with its relatively sympathetic scale. This development ensures it continues to be an important piece of the urban fabric, especially with its close proximity to the adjacent St George's Free Presbyterian Church.

Both residents and hotel guests enjoy a range of amenities between the two buildings. The hotel services the residences with room service, catering, housekeeping, laundry and maintenance as well as full access to the hotel's facilities (restaurants, bars, gym, pool and business centre), along with 24 hour security, concierge and valet parking.

Hutchies is well known for delivering major heritage restoration work and high rise towers, which involves high quality workmanship, vertical scale and complexity in busy inner-city environments across Australia. In Sydney's CBD alone, Hutchies has been responsible for a number of iconic towers including the nearby The Residence at Hyde Park and Arc by Crown Group tower on Clarence Street.

Property History for 1505/116 Bathurst St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$2,350,000
10 Apr 2024
  • 20 Feb 2023
    Listed for Sale $2,510,000
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About Sydney 2000

The size of Sydney is approximately 3.0 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.

Sydney has 24,325 properties. Over the last 5 years, Houses in Sydney have seen a -6.95% decrease in median value, while Units have seen a 4.32% increase. As at 30 November 2025:

  • The median value for Houses in Sydney is $1,566,673 while the median value for Units is $1,111,501.
  • Houses have a median rent of $850 while Units have a median rent of $995.
There are currently 169 properties listed for sale, and 293 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 665 properties were sold in the past 12 months in Sydney.

Suburb Insights for Sydney 2000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.