3A Ocallaghan Street, Warracknabeal VIC 3393

3-bed with built-in robes | near Anzac Oval & schools | flood overlay present | priced below estimated value This property presents a competitively priced entry into a convenient location, offering a fully appointed three-bedroom house within walking distance of local schools and recreational oval. Its size and condition signal a low-maintenance holding, best serving an owner-occupier seeking stability or an investor targeting the essential-school catchment rental market. The established build and reliable NBN connection support functional living without premium cost. The primary decision factor is the flood overlay, a tangible risk that necessitates specific insurance due diligence and may constrain future capital growth. Offsetting this is a listing price notably under market estimate, creating immediate equity potential for a buyer who validates the physical risk. Acquire as a long-term hold with a defensive yield focus, not a short-term trading position.