4/1 Warwick Place Tullamarine VIC 3043

Cul-de-sac park-front townhouse | 3 beds plus study config | 170m² land with dual carport | Contemporary low-maintenance lock-up This townhouse presents a competitively strong proposition due to its rare combination of a larger land parcel and dual car spaces within the unit market, directly abutting reserve parkland. Its low-maintenance, contemporary design and fibre internet serve professionals or investors seeking a convenient lock-up property with above-median rental yield potential in a transit-oriented suburb. Proceed with the understanding that conflicting flood overlay reports require immediate due diligence, as insurance premiums and future saleability are at stake. The price guidance sits above the suburb median, demanding validation against true comparable sales. This property justifies acquisition for a buyer prioritizing capital growth over high yield, using a hold strategy of five-plus years. Our report provides the specific market valuation and locality risk assessment needed to secure this property at a commercially logical entry point. Recent sales data is limited for direct comparison. The property last sold for $485,000 in June 2013, and again in May 2023 without a disclosed price. This lack of transparent, recent comparable sales necessitates a rigorous, independent valuation to challenge the current asking range.