102/12 Major Street, Highett VIC 3190

| Highett pocket | one-bedder with carport | walk-to-station edge | low-maintenance hold | This property offers a rare combination in Highett’s current market: a genuinely walkable position to the train station and village, paired with a dedicated car space in a low-maintenance format. For a first-home buyer or investor seeking a Bayside entry point, the open-plan layout and floor-to-ceiling windows provide a modern, light-filled interior that competes well against older stock in the same price tier. The FTTP NBN connection and 5G coverage add practical appeal for remote workers or tenants, though these are supporting rather than primary value drivers. The property serves best as a long-term hold for capital growth tied to the Highett precinct’s ongoing densification and amenity uplift. The primary risk is the shared 1769m² lot, which limits individual control over the land and exposes the buyer to body corporate decisions and fees. The lack of recent comparable sales data in the immediate area makes the $475k–$500k asking range a point of negotiation, especially given Domain’s lower estimate of $440k. A buyer should commission a building and pest inspection before committing, as the 2017 sale date suggests the property may now require minor updates. The rental yield of approximately 6% is solid for the area, but the absence of a heritage overlay and no flood or bushfire risk means the property is a straightforward, low-surprise hold. Use this as a core portfolio unit or a stepping-stone home in a tightening market.