2/12 Elm Street, Surrey Hills VIC 3127

Near-new luxury townhouse | four-bedroom family layout | premium school zone position | north-facing entertainer’s deck This property presents a rare combination of near-new construction and family-scale configuration in a tightly held inner-east suburb. The four-bedroom, three-bathroom layout with a ground-floor guest suite and two powder rooms offers genuine multi-generational flexibility rarely found in townhouse stock. The north-facing deck and walls of glazing create an indoor-outdoor connection that typically commands a premium in this market. For buyers seeking a low-maintenance home within the Surrey Hills Primary School zone, this property positions strongly against older, unrenovated houses at similar price points. It best suits upsizers and school-zone buyers who prioritise immediate quality over land content. The primary risk lies in the off-market or sold status, suggesting limited negotiating leverage if still available. The double automatic garage and security system add convenience but do not differentiate against comparable stock. Buyers should verify the body corporate fees and any special levies, as near-new townhouses in this bracket can carry higher ongoing costs than anticipated. The opportunity is the estimated value range sitting within the advertised asking bracket, indicating the vendor may have realistic expectations. The refrigerated reverse-cycle system and stone bathrooms support long-term livability, but the property’s premium finishes mean any future renovation would be unnecessary for at least a decade, reducing holding costs for a committed buyer.