709/2 Muller Lane, Mascot NSW 2020

7th floor flat | 165sqm internal | 2 car spaces | Bayside Council This property offers a rare combination of generous internal space and secure parking that is increasingly hard to find in Mascot’s newer developments. The 165-square-metre floorplan and private balcony create genuine apartment living rather than compact unit accommodation, which positions it well for owner-occupiers seeking long-term comfort. The flood overlay is present but does not appear to have affected recent valuations, and the FTTP connection adds practical appeal for remote workers. It suits a professional couple or small family who value space over proximity to the airport flight path. The flood overlay is the primary risk factor here, potentially raising insurance premiums and narrowing the buyer pool at resale. The absence of sales history means there is no local price anchor, making the $1.24–$1.3 million range a judgement call rather than a data point. For an investor, the rental estimate of $1,225 per week is reasonable against the price, but the yield is not standout. Hold this property as a medium-term home rather than a flip, and commission a flood risk report before exchange.