13 Dedrick Grove, Braybrook VIC 3019

New luxury townhouse with approved subdivision | Dual-income holding on 700sqm | Ready-to-execute permits reduce timeline risk | Suits owner-occupier or investor seeking immediate yield The property’s primary competitive strength lies in its dual-residence configuration with an approved subdivision permit, offering a buyer both a newly built luxury townhouse and a separate original house on one title. This arrangement effectively provides two income streams or the option to occupy one and rent the other, while the ready-to-execute permits remove typical council delays. The luxury townhouse, with four bedrooms and three bathrooms, targets high-end tenants or owner-occupiers seeking modern finishes, and the original residence adds further rental potential. This property best serves a buyer wanting immediate cash flow without the uncertainty of development approval, or an owner-occupier who can use the townhouse and lease the original home. The primary risk is the condition of the older original residence, which may require capital for updates to achieve its full rental return, and the auction process could push the price above the guide range. The approved subdivision, however, allows for a clean title split, enabling separate sale or financing of each house, which is a strong commercial advantage. A buyer should hold both residences for dual income, or sell the original house post-subdivision to reduce holding costs while retaining the luxury townhouse as a core investment.