702/87 Oxford Street, Bondi Junction NSW 2022

North facing | city views from level 7 | flood overlay flagged | less than 30 days on market | no heritage or bushfire concerns The flood overlay, while not severe enough to trigger mandatory insurance terms in this building, does impose a modest premium on strata cover and may affect lender appetite if the property sits below flood level thresholds; however the opportunity here is in the yield — an estimated $1,375 weekly rent against a valuation between $1.36m and $2.01m signals either undersupply in the premium rental bracket or a listing price miscalibration, and since the property has been listed only sixteen days any discount is likely negotiable. This unit should be held for rental return rather than flipped, as capital growth in Bondi Junction is steadier than speculative. What makes this property competitively rare is the north aspect combined with city views at a price point that competes with lower-floor stock in the same complex — most comparable units in this building trade at a premium for exactly those two features, and the inbound FTTP NBN and 5G coverage only reinforce its appeal to professional tenants or buyers who value connectivity. The property suits a buyer seeking a low-maintenance holding with immediate rental yield, particularly one comfortable with the flood overlay disclosure; the school catchments for Waverley Public and Sydney Boys High also add a layer of demand from families. If you are ready to move, the less than thirty day market window means the seller likely expects a prompt close — your next step is to confirm if the strata flood insurance excess is standard and then submit a conditional offer at or near the lower valuation range.