105/31 Queens Avenue, Hawthorn VIC 3122

First floor retreat | Boutique security block | Steps to Auburn Village | Two bed two bath one car The property’s strongest buying case is its position within a boutique security building on a generous 1024m² lot, offering a rare combination of private retreat feel and immediate access to Auburn Village’s cafes and bakeries. The first floor apartment is quietly tucked away, providing a peaceful environment that is uncommon for such a well-connected location. This configuration serves best for downsizers or professionals who prioritise lifestyle convenience and low-maintenance living, as the building’s tenure data shows a stable majority of 6-10 year owners, indicating a well-maintained and desirable complex. The light and views emphasised in the listing are genuine value drivers for long-term satisfaction and resale appeal. The primary risk is the building’s modest negative annual growth in comparable two-bedroom units, with recent sales at $620k-$630k after eight-year holds reflecting a slight decline. This means the buyer should not expect capital appreciation in the short to medium term, and the approaching Expressions of Interest deadline on 2 June creates a time-sensitive negotiation window where the buyer may have limited leverage. The opportunity lies in acquiring a well-presented unit in a sought-after suburb at a price that reflects recent building performance, with the potential to hold for lifestyle benefit rather than speculative gain. Hold this property as a comfortable home or a steady rental, not as a growth play.