A Sydney unit that is barely bigger than some walk-in wardrobes is on the market for just under $400,000. The Mort Street residence in the old heritage-listed The Star Hotel is close to Sydney Harbour and a two-minute walk to a ferry terminal. A Sydney unit that is barely bigger than some walk-in wardrobes is on the market for $400,000. Banks don't lend to owner-occupiers if a studio apartment has less than 50 square metres. 'This compact 13 sqm studio apartment would make the ideal investment purchase,' it said.

Source: Daily Mail May 26, 2021 02:31 UTC