7307/19 Tung Hop Street, Waterloo NSW 2017

1-bed in The Finery | north-facing balcony | study nook | no parking | strong rental demand The buying case rests on its modern configuration and north-facing balcony with a study nook, which are uncommon in compact Waterloo apartments and give it an edge over standard one-bedroom stock. The 57 sqm floor plan, stone benchtops, and ducted air conditioning make it suitable for a professional owner-occupier or investor seeking a low-maintenance, tenant-appealing property in a well-connected pocket with 5G and NBN FTTP. Its position in The Finery development and proximity to shops and transport reinforce demand. The main risk is the absence of parking, which reduces appeal to car-dependent buyers and may slow resale. The flood overlay is a technical caution for any future strata modifications. However, the 2023 purchase price of $560,000 offers a recent floor, and current asking at $690,000 sits below the suburb median for one-bedroom units. Use this property as a hold for steady rental income, with rental estimates around $810 per week supporting a gross yield near 6.1%.