2105/88 Church Street Parramatta NSW 2150

High floor city views | luxury Parramatta CBD tower | premium rental yield | flood overlay noted | above-median positioning This unit’s primary risk is the flood overlay, which may impact future insurance costs and lending. Its opportunity lies in securing a high-yield, modern property in Parramatta’s core, with a gross rental yield around 5.7% outperforming many peers. For a buyer, it functions best as a long-term hold for capital growth supplemented by strong rental income, suited to an investor comfortable with strata living. The commercial logic is clear: pay a premium for a scarce high-floor product to capture tenant demand and urban consolidation benefits. Competitive strength is its combination of views, modern finishes, and building amenities within a premier development, a rarity in the suburb’s unit stock. This positions you above the median, attracting professionals seeking a premium CBD lifestyle. It serves the investor or owner-occupier who values walkability and views over land content. The reliable infrastructure supports modern living but is not a primary driver. Your next step is to validate the flood impact through a conveyancer and benchmark the strata costs against the premium amenities offered.