25/8-16 Water Street, Strathfield South NSW 2136

2 bed, 2 bath | 99m² internal | flood overlay | Strathfield South | boutique block This property occupies a strong niche for a buyer seeking a low-maintenance, well-sized apartment in a quiet pocket of Strathfield South with dual balconies and parkland outlooks. The 99m² internal area is generous for a two-bedroom, giving it an edge over newer compact stock and making it suitable for owner-occupiers such as downsizers or professionals, as well as investors chasing solid rental demand. The 2004 build and boutique complex composition suggest lower strata risk than high-density towers, and the indicative yield around 5% supports a balanced hold strategy. The flood overlay is the primary risk, likely affecting insurance costs and resale appeal to cautious buyers, so it should be quantified via a flood certificate before committing. Parking inconsistency, likely one space but unconfirmed, needs contractual verification to avoid post-settlement disappointment. The absence of heritage or bushfire concerns is neutral, but strata levies and sinking fund health should be reviewed. This property works best as a long-term hold for stable capital growth and rental income, not a short-term flip.