5/6 Gilmour Road, Camberwell VIC 3124

Tri-level townhouse | rare 1474m² lot | cul-de-sac redevelopment potential | 242m² internal space The property’s primary advantage lies in its unusually large land component for a townhouse, sitting within a cul-de-sac where adjacent subdivision approvals signal zoning flexibility. The 242m² internal area with separate basement rumpus and alfresco space offers genuine multi-generational or dual-living configuration, which is scarce in Camberwell. This makes it most suited to a buyer seeking long-term land banking with immediate premium livability, rather than a standard townhouse purchase. The $1,250 recorded sale is clearly anomalous and should be disregarded as a data error; without verified recent transaction data, valuation risk sits with the buyer during due diligence. The adjacent council-approved townhouse development indicates potential for future subdivision on this lot, but also suggests possible neighborhood densification that could affect privacy or traffic. A buyer should commission independent building and pest reports given the reported inspection history, and consider a holding strategy that maintains the current tri-level layout while exploring subdivision feasibility in 3–5 years.