237/806 Bourke Street, Waterloo NSW 2017

2 bed, 2 bath, 1 car | high floor city views | large strata complex | strong Green Square rental demand This apartment’s configuration is a competitive edge in the Waterloo market: two bathrooms with two bedrooms and a car space is not standard, making it more attractive to both owner-occupiers and tenants seeking convenience. The city and district views add a premium that lower-floor units in the same building lack, and the location near Green Square station and retail anchors demand from professionals. It serves best a buyer who wants a lock-and-leave property with good rental fundamentals and a clear exit to a similar buyer later. The main risk is the large strata complex, where levies can be material and capital growth is tied to the building’s overall condition and reputation, not just the unit. The property’s value is sensitive to floor level and outlook, so the unit’s aspect must be verified; a poor internal condition or noise exposure could undermine its premium. The opportunity lies in the consistent rental demand and the car space, which is a differentiator. Hold this property as a medium-term income-producing asset, with a view to selling when the building cycle or market conditions lift values in this pocket.