116 Boundary Road, Pascoe Vale VIC 3044

Mid-century renovated house | 610m² substantial block | 3-4 bed configuration | zoned for established schools | no overlays This property presents a competitively strong offering due to its larger-than-typical land holding in a suburb seeing unit development, creating scarcity. The completed, high-quality renovation on a mid-century house removes immediate capital expenditure for a buyer and positions it for stable, long-term holding. It serves an owner-occupier seeking space and modern comfort within established school catchments, or an investor targeting family rental demand. The primary risk is the price premium commanded by the renovation, which may compress yield, evidenced by the estimated 3.1% gross return against the asking price. The opportunity lies in the unencumbered block with no heritage or overlay restrictions, protecting future flexibility. This property is a hold for the decade, leveraging its land component in a transitioning streetscape.