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Boy, 12, charged following alleged Waterloo stabbing

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A 12-year-old boy has been charged following the alleged stabbing of another child in inner Sydney on Saturday.

Police say that about 12.15pm emergency services were called to a property on John Street, Waterloo.

The paramedics treated a 10-year-old boy with a laceration to his torso. He was taken to Prince of Wales Children's Hospital in a stable condition.

Three boys – two aged 12 and one aged 16 – were arrested at the scene and taken to Redfern Police Station.

A 12-year-old boy was later charged with assault with intent to rob, while armed with an offensive weapon causing wounding.

He was refused bail to appear in a children's court on Sunday.

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The other two boys were been released without charge.

The injured boy has also been released from hospital.

Staff at a nearby cafe said they saw "a bunch of cop cars" rush to the other end of John Street, near George Street, at lunchtime.

Anyone with information is urged to contact Redfern Police Station via Crime Stoppers on 1800 333 000.