7/146 Booran Road, Glen Huntly VIC 3163

First-floor terrace apartment | Boutique complex of eight | Walk to station and park | Renovated two-bedroom with two bathrooms | Secure parking and storage This property occupies a narrow but defensible position in the Glen Huntly market: a genuinely renovated two-bedroom, two-bathroom floorplan with a covered terrace that functions as usable outdoor space, rare for a first-floor unit in this price band. The separation of the main bedroom with ensuite from the second bedroom and central bathroom suits both share-house buyers and downsizers who want guest privacy. The boutique complex of eight units on a single title lot reduces the risk of large owner-corporation disputes and keeps common costs predictable. For a buyer seeking low-maintenance entry into a suburb with train, park, and school walkability, this unit competes directly against older stock that would require immediate capital outlay. The key risk is that the recent renovation may have been cosmetic rather than structural, and the 2016 sale price of $565,000 sets a ceiling on capital growth given the suburb’s negative median price trend of minus four percent over the past year. The rental yield estimate of four point seven percent is acceptable but not exceptional, and the previous rent of $450 per week suggests the unit may not command the upper end of the Domain valuation range without further upgrades. A buyer should verify the age of the split-system units and the waterproofing of the terrace, as these are common cost centres in first-floor apartments. The commercial logic is to hold this property as a long-term owner-occupied base or a stable rental, not as a short-term flip. Use the auction date to test vendor resolve against the lower end of the price guide.