1/71 Grand Parade, Epping VIC 3076

| 3-bed villa, no body corp | 290sqm block, dual parking | 1990 build, subdivided 2011 | Epping family/investor play | This villa offers a rare structural advantage for a buyer: no body corporate fees on a subdivided lot, which directly improves holding cost efficiency and rental yield. The 290sqm block with a double garage and 3-bedroom layout positions it as a practical family option or a low-maintenance investment. Built in 1990, it avoids the depreciation pitfalls of older stock while still offering a manageable footprint. It best suits owner-occupiers seeking affordable entry into a corridor with active demand, or investors targeting a 4–5% gross yield without sinking fund obligations. The main risk is the 2021 purchase price of $550,000, which suggests recent capital growth has been modest in this pocket of Epping—buyers should not expect rapid appreciation. The single bathroom limits appeal for larger families or premium tenants. On the opportunity side, the absence of overlay constraints and the presence of 5G and FTTC connectivity support long-term livability. Hold this property as a steady rental performer or a cost-effective home base, not as a high-growth play.