1/74 Rose Street, Altona VIC 3018

3-bedroom townhouse in Altona | 302sqm lot with built-in robes | Dual classification as apartment or townhouse | Well-proportioned rooms in Hobsons Bay. This property offers a rare configuration in the Altona market: a three-bedroom unit on a 302-square-metre lot, which positions it closer to a townhouse than a standard apartment. The built-in robes and separate shower add practical value for owner-occupiers, while the lot size provides a competitive edge over typical multi-unit offerings. The property is best suited to families or downsizers seeking space without a full house footprint, and its active tracking across major platforms signals consistent buyer interest in this segment. The conflicting bathroom count and dual classification introduce valuation ambiguity that may narrow the buyer pool and lengthen holding periods. However, this also creates negotiation leverage for informed buyers who can verify the configuration. The recent sale of Unit 3/74 at $780,000 in October 2025 provides a clear benchmark, suggesting the upper valuation range near $860,000 is achievable with minor upgrades. Hold this property as a medium-term residence or rental, capitalising on Altona’s steady demand in the Hobsons Bay corridor.