6801/1A Morton Street, Parramatta NSW 2150

2-bed, 2-bath, 1-car | Off-market, building comparables | Flood overlay flagged | Strong Parramatta connectivity This unit’s primary advantage lies in its off-market status, offering a buyer a negotiable entry into a large, completed complex where comparable sales sit in the high $500k to low $600k range. The 2-bed, 2-bath configuration with a car space is the most liquid floorplan in Parramatta’s rental market, and the building’s scale—355 residences across six mid-rise blocks—provides established amenity and strata records. The property best suits an investor seeking a core-plus holding in a high-demand corridor, with FTTP and 5G supporting tenant appeal without being price drivers. The flagged flood overlay is the material risk, potentially affecting insurance premiums and resale liquidity for lower-floor units; this should be verified via council flood mapping and a strata report on historical insurance claims. Comparable rents of $700–$780 per week suggest a gross yield near 5.5% at the estimated value, which is competitive for Parramatta. The buyer’s opportunity is to secure this unit below the comparable range via off-market negotiation, then hold for rental income and capital growth tied to Parramatta’s long-term infrastructure pipeline.