7/4 Belvedere Close Maribyrnong VIC 3032

Scintillating river views | boutique gated complex | 3-bedroom townhouse | 174m² lot | Maribyrnong hillside This property’s primary competitive strength is its rare configuration: three separate levels with river views and a sun-soaked orientation within a small gated complex, offering privacy and a lifestyle edge that few townhouses in this price band deliver. The main-floor living and terrace, lower-level bedroom with walk-in robe and entertainer’s deck, and top-floor master with ensuite and views create a clear hierarchy of spaces suited to professionals, downsizers, or investors seeking a low-maintenance, high-amenity holding. The location—close to Highpoint, city trams, and waterfront bars—reinforces demand from owner-occupiers who value walkability and views over land area, which is the key trade-off here. The 174m² lot is small, limiting future subdivision or significant capital works, and the price guide sits above the suburb’s median house price of $935k, meaning the buyer pays a premium for the view and complex security rather than land depth. The valuation estimate around $840k suggests a gap between vendor expectation and market evidence, so disciplined negotiation is critical. Rental yield at 3.8% is modest but viable for an investor if purchased near the lower guide. The property suits a buyer who prioritises lifestyle and low upkeep over land banking; hold as a long-term residence or rent to a professional tenant, and avoid expecting strong capital growth from the land component alone.