15/231-239 Canterbury Road Blackburn VIC 3130

Corner unit | 276m² land | Opposite Forest Hill Chase | 3 beds, 2 baths, 2 cars This unit presents a rare configuration for its type, offering land area and a dual-car garage atypical for apartments, directly opposite a major shopping centre. Its corner position and sturdy brick construction suggest a classic, lower-density build appealing to downsizers or small families seeking a low-maintenance lifestyle in a prime Blackburn location. The scarcity of such substantial lots in unit form creates a competitive edge for capital stability. The primary risk is the identified flood overlay, which necessitates specific due diligence for insurance costs and building integrity. The price guide sits below automated valuations, indicating potential value if the flood risk is manageable. Acquire as a long-term hold to benefit from its land component and location. Our tailored report would clarify the real market valuation against comparable sales and detail the locality risks, including flood due diligence and insurance assessments.