506/88 La Scala Avenue, Maribyrnong VIC 3032

Top-floor double-storey penthouse | oversized 150sqm townhouse layout | three car spaces | rare Edgewater precinct The property’s competitive advantage is its double-storey penthouse configuration within a premium complex, offering a townhouse-like internal area exceeding 150 square metres that is exceptionally rare in apartment markets. The oversized open-plan living with city views, stone kitchen, and two ensuited bedrooms create a self-contained residence that competes with standalone houses while retaining apartment security and low-maintenance living. This suits buyers seeking substantial space without land upkeep, particularly professionals or downsizers who value privacy, parking for three vehicles, and the prestige of a top-floor position in the Edgewater precinct. The primary risk is the premium price positioning within Maribyrnong, where comparable double-storey apartments are scarce, making resale liquidity dependent on buyers who specifically value this layout. The 2019 purchase history and current price guide suggest limited capital growth in the short term, though the unique configuration provides a hedge against standard apartment oversupply. For a buyer, holding this property as a long-term residence or high-end rental with strong tenant appeal is the logical use, given its scarcity and functional space.