10 Healey Street, Moorabbin VIC 3189

4-bed house on 534m² | Activity Centre zone | modernised character | no overlays | high rental confidence This property presents a competitively strong proposition due to its generous land parcel within a designated Activity Centre, a zoning that typically supports density and future utility. The full modernisation of a character house removes immediate capital requirements, and the absence of bushfire or heritage overlays significantly reduces holding risk and compliance costs. It serves the buyer seeking a long-term hold in a growth corridor, with the high-confidence rental estimate providing immediate income stability to offset holding costs. The primary risk is valuation confidence, with a wide estimated range reflecting market uncertainty; a purchase above the lower quartile exposes the buyer to short-term equity risk. The opportunity lies in the land’s underlying zoning potential within the Moorabbin Activity Centre, which may offer future strategic options beyond standard residential use. Acquire this as a strategic land bank with a quality improved dwelling, not merely as a four-bedroom house.