402/730A Centre Road, Bentleigh East VIC 3165

recession in Bentleigh East | price spread $482k-$530k | 2 bed 71sqm compact | income $600/wk with yields 6.79% | proximity to schools and no overlays appealing The primary risk here is the valuation uncertainty across sources, ranging from $485,000 to $568,750, which costs a buyer the risk of overpaying by up to $85,000 if the property is not negotiated from the listed asking price. The commercial opportunity lies in the consistent rental income of $600 per week and yields near 6.79%, making this a viable hold for a passive investor, though the compact 71sqm layout and 27-day median time on market suggest limited capital growth potential in the near term. A buyer should treat this as a rental play rather than a flip. What makes this competitively strong is the combination of air conditioning, alarm, balcony, and built-in robes in a sought-after school zone for Glen Eira, which is rare for a 2-bedroom unit at this price point. The no bushfire, flood, or heritage overlays further reduce your risk position. This property serves best a first-time investor or a downsizer seeking a low-maintenance unit with stable renter demand. The property’s key strengths are its tenant appeal and location fundamentals, not its growth trajectory. If this fits a rental yield strategy, proceed but negotiate below the mid-point of the listed price to secure your margin.