305/82 Bay Street, Botany NSW 2019

High-floor 2 bed + study | 2 bath & 2 car | strong rental yield | flood overlay present | Botany location This unit presents a competitively strong offering for an investor or owner-occupier seeking a modern, high-specification apartment in a well-serviced suburb. Its high-floor position, two car spaces, and the inclusion of a study elevate it above typical Botany stock, directly supporting premium rental estimates and catering to professional tenants or small households. The reliable infrastructure and lack of bushfire or heritage constraints further streamline its appeal. The primary decision mechanism is the flood overlay, which introduces a measurable insurance cost and potential future resale friction against its otherwise solid fundamentals. The discrepancy in recorded land size and off-market valuation range requires due diligence on strata particulars. Proceed with a buy-and-hold strategy; the underlying rental demand and configuration justify acquisition at or below the lower end of the high-confidence valuation band, leveraging its income strength while mitigating the overlay risk.