10/2 Don Bosco Drive, Narre Warren VIC 3805

2 bed, 1 bath, 1 car | last sold 2018 at $352k | now ~$500k | 37-unit complex, stable tenure | modern interior, low-maintenance buy. This unit competes on price point, sitting near the $500k median for Narre Warren two-bedroom units, making it one of the more accessible options in the complex. The modern interior with built-in robes and a European laundry reduces immediate renovation needs, which is a rare advantage for a buyer seeking a turnkey position in a medium-density block. The stable owner-occupier tenure of over eight years suggests well-managed common property and limited rental churn, which supports capital stability. It suits first-time buyers or investors wanting a low-maintenance entry into a solid suburban market. The primary risk is limited land component, meaning capital growth will track the unit market rather than house values, and the 2018 purchase price of $352k versus today’s estimate of $500k shows the market has already moved. A buyer paying near $500k should verify the strata fees and any upcoming special levies, as these can erode yield in a 37-property complex. The commercial opportunity is in holding for rental income, with the median local unit price supporting steady demand. Use this property as a reliable, low-effort holding in a stable corridor.