111 Shrives Road, Hampton Park VIC 3976

Last available in complex | brand-new 4-bed townhouse | tightly held development | dual living areas | low-maintenance grounds This property presents a competitively strong proposition as the final four-bedroom townhouse in a small, exclusive development, a rarity in this market. Its brand-new condition with premium finishes like stone benchtops and high ceilings eliminates immediate renovation costs and appeals directly to growing families seeking modern, low-maintenance living with dual living areas. The configuration, including a ground-floor bedroom, strategically serves owner-occupiers needing space for extended family and investors targeting broad tenant appeal in a high-demand rental corridor. The primary risk is the lack of individual land title, trading potential capital growth from land for the convenience of shared, maintained grounds. This cost manifests in body corporate fees and less autonomy. The opportunity lies in securing a turnkey property in a tightly held complex where scarcity can support value; recent comparable sales indicate a premium for its extra bedroom and bathroom. Acquire as a long-term family home or a hold investment, as its new condition minimizes near-term capital outlay. Recent nearby sale at 105 Shrives Road: a 3-bedroom, 2-bathroom townhouse sold for $679,000. This transaction underscores a clear value inference for the subject property, justifying its guide through a quantifiable premium for the additional bedroom, bathroom, and its brand-new status within a sought-after complex.