1/2 Omar Street, Maidstone VIC 3012

Cul-de-sac townhouse | 2019 build | three-bedroom two-bathroom | FTTP and all-day sun | Footscray North zone. This townhouse offers a rare combination of modern low-maintenance living on a quiet no-through street with strong rental demand. The 2019 construction means minimal immediate capital expenditure, and the zoning for Footscray North Primary and Maribyrnong Secondary College adds genuine family appeal. At roughly 173sqm of land with a functional floor plan, it suits owner-occupiers wanting lock-and-leave convenience or investors seeking a proven rental performer. The north-facing aspect and privacy are competitive advantages in this market, giving the property a positioning edge over older stock nearby. The main risk is the tight price band relative to estimated value, leaving limited short-term upside unless demand strengthens. Conflicting historical sale data suggests caution around valuation benchmarks. However, the property has recently been leased, confirming tenant appetite at current rental levels. For a buyer, the commercial logic is straightforward: hold for stable rental yield and capital growth driven by location scarcity, or occupy and benefit from school catchment and low upkeep. Use this property as a long-term hold in a corridor where new supply is constrained.