2/86B Waratah Street, Windang NSW 2528

New build east-side Windang | 3 bed townhouse on 556sqm | Rare land-to-building ratio | Flood overlay flagged This townhouse presents an uncommon configuration in Windang: a three-bedroom unit on a full 556sqm parcel with a 227sqm building footprint. That land-to-building ratio is unusually generous for a townhouse, and it sits on the east side near walking tracks, which is the stronger pocket for holiday appeal and owner-occupier demand. The balcony and shed add practical outdoor space, and the walk-in wardrobe in the main bedroom lifts it above typical new-build stock. It suits a buyer looking for a dual-use property,part holiday retreat, part rental,where the land component gives future flexibility that most units in this price bracket lack. The flood overlay is the primary risk and it is not trivial. It may affect insurance premiums and resale pool, and it should be verified through council flood mapping before any offer. The rental estimate of $695 per week is achievable but not exceptional for a new build, and the Domain valuation of $1.12m appears optimistic relative to the Property.com.au figure of $849k; the true market is likely closer to the lower end given the flood flag and short market time. The NBN and 5G coverage are supporting features, not drivers. Hold this as a medium-term lifestyle-plus-income property, not a rapid flip.