74/27 Ithaca Road, Elizabeth Bay

1 1 Studio


Set within an exclusive harbourside enclave just moments from Elizabeth Bay Marina & Beare Park, this delightful strata apartment is bathed in natural light. Positioned on the seventh floor, the property offers an open plan design, a separate gas kitchen, older-style tiled bathroom and shared laundry facilities. Residents of Marana enjoy secure intercom entry and level lift access. Positioned in the prestigious harbourside loop, a location renowned for its strong rental returns and high capital growth, this strata-titled apartment is also located just moments from the vibrant heart of Potts Point. Easy walk to the CBD and only footsteps to transport, shops, cafes and restaurants.

Seventh floor position in secure 'Marana'Sunlit open-plan design, peaceful & privateSeparate gas kitchen, older-style bathroomLevel lift access, intercom & shared laundryComfortable as is yet with scope to improveJust footsteps to Potts Point dining precinctIdeal first home or investment opportunityEasy walk to into CBD, moments from parksTerrific lifestyle location of superb convenienceWalk to Elizabeth Bay Marina & Victoria Street
Council rates $284pq
Water rates $148pq
Strata levies $1,173pq

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Warren Davis
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Suburb Guide

Elizabeth Bay

Just 2km east of the CBD, this picturesque, diminutive harbourside enclave is one of Sydney's most charming, with its elegant architecture reflecting its early heritage. Many Elizabeth Bay properties enjoy spectacular harbour views either back to the city or north across Rushcutters Bay.

As a particularly high-density area, Elizabeth Bay is home primarily to gracious apartments built between the 1920s and '40s. Freestanding homes are rare, but the several that are found here are some prize pieces of real estate, including Billyard Avenue's waterfront Spanish mission residence, 'Boomerang', which once set the record for Australia's highest property price and notably featured in Mission Impossible 2.

During the height of Sydney's urban development prior to the Olympics, a number of local hotels such as The Sebel, The Manhattan and The Gazebo were all redeveloped as luxury apartments to cope with soaring demand for inner city property.

Built between 1835 and 1839, landmark Elizabeth Bay House was designed by the most fashionable and accomplished architect of the day, John Verge, for the Colonial Secretary, Alexander Macleay. Set proudly above Arthur McElhone Reserve overlooking the harbour, it now provides an elegant setting for functions and exhibitions.

While Elizabeth Bay itself has only a local corner store and a couple of funky cafes, it's surrounded by the dining and entertainment meccas of Kings Cross and Potts Point.

Suburb Features


  • Ascham School
  • Double Bay Public School
  • Glenmore Road Public School
  • SCEGGS - Darlinghurst
  • St Vincents College
  • Sydney Grammar Edgecliff Preparatory School
  • Sydney Grammar School


  • El Alamein Fountain
  • Beare Park
  • Cruising Yacht Club of Australia
  • Customs House & Haymarket Library
  • Elizabeth Bay House - Historic House
  • Harry's Café de Wheels
  • Kings Cross Library
  • Rushcutters Bay Park
  • Rushcutters Bay Tennis Centre
  • Sir David Martin Reserve
  • Trumper Park


  • Bistro Rex
  • Cho Cho San
  • Elizabeth Bay Cafe
  • Fratelli Paradiso
  • Ms G's
  • The Apollo Restaurant
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