1/492 Pascoe Vale Road, Strathmore VIC 3041

Modern townhouse | 4-bed secure complex | Flood overlay noted | High-demand school zone | Strong rental yield The buying case for this property rests on its rare combination of a four-bedroom configuration within a secure complex, which is undersupplied in Strathmore’s family market. The direct frontage to Pascoe Vale Road offers convenient access to CityLink and the Tullamarine Freeway, making it a strong option for professionals or families requiring city connectivity. The property’s rental income potential of $790 per week, supported by a low vacancy area and proximity to Strathmore Primary and Secondary College, indicates robust demand from tenants and owner-occupiers alike. The remote garage, intercom, and courtyard add practical appeal for downsizers or investors seeking low-maintenance living. The detected flood overlay is the primary risk, as it may increase insurance premiums and restrict certain future modifications or extensions. Buyers should obtain a full flood risk report and confirm insurance costs before proceeding. Conversely, the property’s listing price below the estimated value presents a potential negotiation opportunity, and the NBN FTTP connectivity adds a supporting value for remote workers. The secure complex and recent lease history suggest the property is well-positioned for steady capital growth in a sought-after school catchment.