118/11a Lachlan Street
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About this property
Positioned on the ground floor and set quietly at the rear of the highly regarded Alpha G building, this oversized one-bedroom apartment offers the proportions rarely found in this category, comparable in size to many two-bedroom apartments. With its own private entrance and easy ground-floor access, the apartment feels more like a private residence than a standard apartment. The large open-plan living and dining area provides excellent flexibility, with enough room to comfortably live, work and entertain. Currently rented at $700 per week, the property also delivers an exceptionally strong rental return, making it a standout option for investors chasing yield, as well as owner-occupiers wanting more space, convenience and lifestyle appeal. Located moments from East Village Shopping Centre, Moore Park Supa Centre, Danks Street cafés and restaurants, Green Square Station, city buses and the Waterloo Metro, this is a highly convenient home in one of Waterloo's most connected pockets. Property Features: - Oversized one-bedroom apartment with proportions similar to many two-bedroom apartments - Strong rental return, currently rented for $700 per week - Estimated high-yield investment opportunity of approx. 5.5%-6.6% - Quiet ground-floor position at the rear of the Alpha G building - Private entrance, giving the apartment a house-like feel - Enter via Lachlan Avenue, left-hand side of the gym - Large light-filled open-plan living and dining area - Stylish galley kitchen with modern appliances - Generous bedroom with built-in wardrobe - Sleek fully tiled modern bathroom - Internal laundry and air-conditioning - Secure parking plus ample visitor parking - Secure building with intercom access - Shared rooftop terrace - Easy ground-floor access with strong indoor-outdoor connection - Surrounded by cafés, eateries and off-leash dog parks - Short walk to Green Square Station, East Village, Danks Street and Waterloo Metro
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 2 months ago
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Neighbourhood
Living in Waterloo
This 1-bedroom apartment in Waterloo, NSW 2017 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $840,000 median of 58 comparable apartmentswithin 5 km.
Schools near Waterloo
- Yudi Gunyi Schoolcombined · U · CoEd
- Our Lady of Mount Carmel Catholic Primary Schoolprimary · K-6 · CoEd
What's nearby
- Bourke St opp Lachlan St (bus) — 184 m away
- Waterloo Asian Supermarket — 43 m away
- The Rope Walk — 84 m away
- Dyuralya Square — 155 m away
- The Rope Walk — 179 m away
Waterloo at a glance
Full suburb profile- Population
- 16,379
- Median age
- 33
- Household income
- $2,028/wk
- Median rent
- $530/wk
- Median mortgage
- $2,500/mo
Source: ABS Census.
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Suburb market
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Waterloo price trend
Median sold · Unit 1 bed
Compound growth +1.5% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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