1/16 Harwell Road, Ferntree Gully VIC 3156

Quiet rear unit | three bedrooms on 330sqm | dual-school zone | low-maintenance courtyard living This property occupies a rare position as one of only two units on the block, which reduces neighbour density and improves privacy compared to larger complexes. The 330sqm lot is generous for a unit, and the fully fenced courtyard with deck offers usable outdoor space that most comparable townhouses lack. Ducted heating and air conditioning are fitted, and the single remote garage provides secure parking. The dual-school zoning to Mountain Gate Primary and Fairhills High adds practical appeal for family buyers, while the absence of bushfire, flood, or heritage overlays simplifies due diligence. This unit suits first-home buyers seeking a turnkey residence or investors wanting a low-maintenance holding with consistent rental demand. The primary risk is the single bathroom, which limits appeal to families with children or couples planning to share with tenants. The property last transacted in 2023, and the current guide sits below the estimated $752,000 value, suggesting either a motivated vendor or a price reset after market softening. Buyers should verify whether the 2023 sale price was arm’s-length and check body corporate fees for the two-unit block. The broadband connection is adequate but not a primary value driver. If acquired near the lower end of the guide, the property offers solid rental cover at an estimated $605 per week. Hold for capital growth driven by land content and school zoning, or occupy for the convenience of a lock-and-leave layout with no major works required.