623/626 Heidelberg Road, Alphington VIC 3078

2-bed flat in mid-rise 2022 build | sky pool and gym | 104sqm internal | strong rental yield potential This unit occupies a competitive position in Alphington’s newer stock, offering 104 square metres of internal space that is genuinely generous for a two-bedroom flat in a mid-rise build. The 2022 completion means full depreciation benefits remain available, and the building’s amenity set,sky pool, gym, yoga lawn, pet park,adds lifestyle depth that supports both owner-occupier appeal and tenant retention. For a buyer seeking a turnkey property with modern finishes and a solid rental return, this unit sits at the higher end of recent sales evidence, which reflects both its size and the building’s desirability post-settlement. It suits professionals, downsizers, or investors prioritising low-maintenance living with strong walkability to transport and local schools. The heritage overlay HO70 is a material constraint; it may limit future external modifications and should be reviewed for any planned works. The building’s density,324 residences on 0.73 hectares,means common area wear and sinking fund contributions will be ongoing, and buyers should scrutinise the owners corporation financials before proceeding. Rental evidence shows yields between 4.2 and 5.1 percent, with median weekly rent around $700, so income projections are achievable but not exceptional for the entry price. Held as a medium-term investment, this property works best when depreciation and steady capital growth are the primary return drivers, rather than short-term flipping.