415/133-141 Botany Road, Waterloo NSW 2017

2-bed, 2-bath boutique block | Alexandria Park edge | secure parking included | strong rental yield for inner Sydney This apartment sits in a small residential building on Botany Road, which gives it a quieter, less transient feel than the large tower complexes nearby. The floorplan is generous for a two-bedroom, and the secure parking plus separate ensuite make it genuinely competitive for owner-occupiers who want a proper inner-city home rather than a shoebox. For investors, the rental yield is above average for the area, driven by proximity to Alexandria Park and the CBD, and the property suits professionals or couples who value space and light over prestige address. The flood overlay is the primary risk and it will narrow the buyer pool slightly, particularly among cautious owner-occupiers, so you have negotiating leverage. The building is boutique, which means smaller sinking funds and less anonymity than a highrise, but also less amenity. There is no lift or concierge. The location on Botany Road is busy, and while convenient, it lacks the village feel of nearby suburbs. Hold this property for steady rental income or as a well-positioned home with good capital growth tied to Alexandria’s ongoing densification, not for a quick flip.