105/10 Major Street, Highett VIC 3190

2-bedroom flat, 2018 build, 74sqm | Highett Road pocket, Bayside council | Secure car space, balcony, floorboards | Rental yield around 5% with FTTP connectivity This unit sits in a narrow sweet spot for a buyer wanting modern, low-maintenance living in Bayside without paying a premium for a house or townhouse. The 2018 build means newer finishes, better insulation, and lower immediate upkeep compared to older stock in the area. At 74sqm internal, it is genuinely spacious for a two-bedroom flat, and the secure car space plus balcony add practical daily value. The property suits a professional couple or investor seeking a stable rental return, as the estimated $615pw rent implies a gross yield near 5%, which is competitive for Highett. The main risk is the position within a larger 1769-1811sqm strata site, which can mean variable body corporate fees and less control over future site decisions. The recent sale at $460,500 and current listing range suggest the market has not fully repriced this unit upward yet, so a buyer negotiating near the lower end of the $475k-$515k range could secure immediate equity. The lack of heritage or flood overlays is a practical advantage for any future renovations or strata approvals. Hold this property for steady rental income or as a stepping stone into Bayside, not for rapid capital growth.