Selling: Elizabeth Bay #2

Shortly after last week's post on the fabulous waterfront apartment in Elizabeth Bay for sale with McGrath, Belle Property have listed a little brother version next door.

In theory, this apartment lets you can drop a kayak into the harbour from your living room, go for a paddle, and come back for an espresso on the deck before strolling to work.

In reality, I know that even with such an amazing view, I'd still wake up as late as possible, pee in the shower to save a few minutes, and rush out the door with a piece of cold toast in hand, and odd socks on my feet. At least I could enjoy the view on the weekends, though.

Predicted to sell for around $790,000, this little gem is a relatively affordable way to get a coveted harbour setting. So forget about global warming and rising seas for a while, hop in your kayak, and enjoy!

Selling: Elizabeth Bay

Sydney has thousands of apartments with harbour views, but there are not many that get as close to the water's edge as this gem at 1/79 Elizabeth Bay Road, Elizabeth Bay.

It's currently listed through McGrath. I see it from across the harbour every evening while walking the dog and have always thought it is such a special site - with the blue expanse of Sydney Harbour rolling off the balcony.

I have no idea what the asking price is but the auction on February 28 will reveal how many buyers in Sydney are still in the market for a premium waterfront property in these "difficult times". If that is you, you could potentially pick it up for a steal. The rest of us, sigh, will have to keep on dreaming.