405/10 Nicolle Walk, Haymarket NSW 2000

Prime position in Darling Square | tightly held modern floorplan | strong rental yield profile | flood overlay flagged in due diligence This property occupies a rare configuration in a precinct where two-bedroom apartments with separate car spaces are increasingly scarce. The 162sqm lot size is generous for a modern build, and the floorplan likely offers genuine separation between living and sleeping zones. For a buyer seeking owner-occupier quality with rental flexibility, this unit sits above the suburb median in both specification and positioning. The 55% owner-occupier ratio in the building supports long-term value stability, and the 20-39 age skew in Haymarket ensures consistent demand from professionals who prioritise walkability to CBD employment and transport. The flood overlay is the primary negotiating point, not a dealbreaker but a factor that may affect insurance premiums and future resale buyer pools. The 2019 purchase price provides a clear baseline for vendor cost, and the current asking range sits within a defensible band when compared to the building median of $1.4 million. Rental estimates of $1,500-$2,000 per week indicate strong cash flow potential for an investor, though the premium entry price means yield will be moderate. This property suits a buyer who values location and configuration over discount entry, and who intends to hold through a full market cycle.