432/2-4 Powell Street, Waterloo NSW 2017

2 bed, 1 bath, 1 car | City views from a higher floor | Strong rental yield near $945/week | Flood and heritage controls apply This apartment’s competitive edge lies in its northerly aspect and district views, which are rare for a 2-bedroom unit in Waterloo’s dense apartment stock. The generous outdoor entertaining area and secure parking enhance its appeal to professional couples or downsizers seeking inner-city convenience with a private outlook. Positioned in a well-connected suburb with active turnover, it serves owner-occupiers prioritising light and space, while the estimated rental income makes it viable for investors targeting yield. The property’s value may be influenced by flood and heritage overlays, which could restrict future alterations or increase insurance costs. Its higher floor level with views might command a premium, but the lack of a precise floor level or building age means buyers should verify these details against comparable units. The 1.39-acre site and established complex suggest stable strata costs, though density and traffic are typical trade-offs in this urban setting.