16/8-12 Bond Street, Hurstville NSW 2220

2-bed flat, 119sqm, Hurstville, strong rental yield | Second floor with large balcony, security building | 60% rental area, 40% owner-occupied | Listed 5 days, market median $760,888. This property offers a rare combination of generous internal space and a large balcony within a secure building, giving it a competitive edge over typical Hurstville units. The 119sqm floorplan is uncommon for a 2-bedroom flat, and the second-floor position with security access appeals strongly to owner-occupiers and quality tenants alike. With the local market median at $760,888 and a 59% auction clearance rate, this unit sits in a balanced market where its size and condition can command a premium. It serves best a buyer seeking a long-term hold with above-average rental yield potential, given the estimated $665 weekly rent against a valuation range of $660,000–$880,000. The primary risk is the 60% rental profile in the immediate area, which can dampen capital growth compared to higher owner-occupier pockets, and the 2005 last sale date suggests limited recent transaction evidence. However, the property’s size and security features mitigate vacancy risk, and the NBN Hybrid Fibre Coaxial coverage supports modern tenant expectations. A buyer should hold this unit for at least 5–7 years, capitalising on rental income while Hurstville’s infrastructure and school proximity drive gradual value uplift.