1/1 Murrumbeena Road, Carnegie VIC 3163

3-bed Deco townhouse | corner Carnegie block | solid brick build | family or investor fit This property holds a narrow but real competitive edge in Carnegie’s tight townhouse market. The 1947 Art Deco build with solid brick construction signals durability and a design character that modern infill rarely matches, and the corner site offers natural light and street presence that mid-row units lack. For a buyer seeking a long-term family hold or a low-maintenance rental with period appeal, the combination of zoning for Carnegie Primary and Glen Eira College adds practical demand depth. The unit count is small — only four in the complex — which typically means lower body corporate friction and higher owner-occupier appeal. The main risk is the single bathroom, which caps appeal for families and may soften resale velocity. The absence of heritage overlay is a commercial opportunity — future renovation or extension remains possible without council constraints, though the 1947 footprint may limit floor plan flexibility. The corner positioning also means higher street exposure, which some buyers discount. For a buyer, this property works best as a hold-and-improve play: update the bathroom and kitchen, lean into the Deco character, and benefit from Carnegie’s steady demand corridor.