401/9-19 Myrtle Street, Botany NSW 2019

401/9-19 Myrtle Street, Botany NSW 2019
Waterfront precinct | Full-floor apartment | Dual-aspect living | Secure basement parking This property’s primary strength is its configuration within a sought-after locale, offering a living format that is inherently scarce. The full-floor design and dual aspect provide a level of privacy and natural light uncommon in the suburb’s apartment market, positioning it for superior capital retention. It serves an owner-occupier seeking a permanent residence or a discerning investor targeting long-term tenant appeal, rather than transient rental demand. The critical due diligence rests on securing the strata report and building condition assessment, as deferred maintenance liabilities directly erode equity. The absence of recent, direct comparable sales within the building necessitates a valuation derived from superior properties in adjacent streets, introducing a pricing risk premium. Proceed only with a conditional contract following review of all body corporate records, as this property’s value is fundamentally tied to the building’s financial and structural health.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Botany presents a compelling blend of industrial proximity and residential appeal, attracting downsizers, investors, and entry-level buyers seeking a live-work lifestyle near major employment hubs. Demand is underpinned by significant forecast population growth, which starkly outpaces new housing supply, creating competitive market conditions. While recent price growth has been modest, placing values below their long-term trend, the fundamental supply-demand imbalance suggests strong future upward pressure, though affordability and constrained development remain key constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

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