114/788-822 Bourke Street, Waterloo NSW 2017

East-facing on level 4 | Overlooks Crystal Park | Resort complex with gym and pool | Flood overlay present | Strong rental yield potential This unit offers a rare combination of private park aspect and resort-grade amenities within a well-maintained building, giving it a clear positioning edge over comparable Waterloo apartments that face other buildings or busy streets. The east-facing orientation on level four captures morning light and privacy, while the secure garage parking and dual bathrooms make it suitable for professional couples or investors targeting the upper end of the rental market. The $740 weekly rental estimate supports a yield above suburb averages, and the complex’s lift access and air conditioning add to long-term tenant appeal. The flood overlay is the primary risk and should be investigated via a strata report and insurance history, as it may affect lending criteria or premium costs. The wide gap between valuation estimates suggests the property may be priced optimistically, giving a buyer room to negotiate if comparable sales support a lower entry point. For an owner-occupier, the park outlook and quiet position deliver lifestyle value that outweighs the overlay; for an investor, the unit works best as a hold for stable rental income rather than short-term capital growth.