2-bedroom apartment | private balcony | secure parking | Box Hill high-demand zone
This unit occupies a strong position in Box Hill’s sought-after residential corridor, where a modern kitchen and private balcony add tangible liveability for owner-occupiers or tenants. The building’s small scale—25 units—limits vacancy risk and supports stable capital growth, as demonstrated by the identical unit 204/95 selling at $495,000 in early 2025. For a buyer seeking a low-maintenance holding in a suburb with consistent rental demand, this property offers a clear configuration edge over larger complexes.
The detected flood overlay is the primary risk, potentially raising insurance costs and narrowing lender appetite; this should be quantified before commitment. Off-market status creates an opportunity to negotiate without competition, and the strong rental profile—around $650–$660 per week—supports a buy-and-hold strategy. Hold this unit for rental income and medium-term capital appreciation, monitoring flood overlay impacts on resale liquidity.