204/364 Canterbury Road Canterbury NSW 2193

81m² 1-bed with study & dual balcony | 2018 build in security block | Flood overlay present | Canterbury station walk | ~6.1% yield potential This unit presents a competitively sized one-bedroom configuration, exceeding local averages with its dedicated study and dual balcony access, which are rare for the typology. Its 2018 construction within a secure building with lift access positions it as a modern, low-maintenance offering. The property best serves an investor seeking strong yield from a quality tenant, or a first home buyer valuing space and proximity to transport over a second bedroom. The flood overlay imposes a tangible risk, likely affecting insurance premiums and future financeability, which directly erodes investment returns. The commercial logic rests on securing the unit below its estimated value to buffer this cost, capitalising on its rental appeal. Hold as a long-term income-generating property, leveraging its above-average amenities to maintain tenant quality. Our tailored report would quantify the flood risk’s financial impact, verify comparable sales to anchor your offer, and assess building integrity. Recent comparable sales data for one-bedroom units in Canterbury is not provided in the available information, preventing a direct market comparison. This gap underscores the necessity of a professional valuation to establish a credible purchase price.