117 Bindi Street, Glenroy VIC 3046

| Street-front townhouse | dual-level flexibility | established lemon tree | no flood or bushfire risk | This townhouse offers a rare combination of own-title street frontage and a compact footprint that suits both owner-occupiers and investors. The fully enclosed balcony converts easily to a home office or third living zone, a feature that adds genuine flexibility without requiring structural change. The property sits within a price range that undercuts comparable new-build townhouses in the corridor, and the rental yield of 3.71% is solid for a dwelling with two car spaces and stone benchtops. It serves best a buyer seeking a low-maintenance home with good separation of living and sleeping levels, or an investor wanting a tenant-ready property with a proven rental history. The main risk is the 2017 purchase price of $480,000, which means the vendor may hold a firm floor. The fixed-date sale structure compresses buyer decision time, and the current estimate of $870,000 sits above the advertised range, indicating possible price tension. The absence of flood or bushfire risk is a genuine underwriting advantage. The property should be held as a long-term residential holding; its location near reserves and transport supports steady capital growth, and the lemon tree and water tank add minor but tangible running-cost savings.