10/87 Seymour Road Elsternwick VIC 3185

New townhouse in boutique development | North-facing garden | Premium Elsternwick locale | No overlays | Late 2025 completion This property presents a competitively strong proposition as a new, north-facing townhouse within a limited boutique development, a rare offering in Elsternwick’s established apartment stock. Its three-bedroom plus study configuration, dual garage, and absence of bushfire or heritage overlays provide a low-maintenance, family-suitable package in a proven school catchment. This property serves professionals or downsizers seeking modern design without compromise on space or aspect. The primary decision rests on accepting developer pricing in an untested building, with settlement risk until late 2025 and no recent comparable sales in the complex to validate value. The opportunity is securing a premium product in a tight market, but requires rigorous contract review and bank valuation at settlement. Proceed only with a long-term hold strategy, utilizing a property report to stress-test the price against true locality sales and confirm all building warranties.