12 Govan Street, Langwarrin VIC 3910

Dual occupancy Hamptons style | Self-contained studio potential | 731sqm near school | 7-car garage workshop capacity The property’s dual occupancy configuration is its primary competitive edge, offering immediate income or multigenerational separation without subdivision costs. The self-contained studio, combined with the main house’s Hamptons renovations and generous parking, positions this as a rare hybrid in Langwarrin—appealing to investors seeking yield uplift or families wanting guest quarters. The 731sqm lot near Elisabeth Murdoch College adds practical demand depth, while solar power and ducted heating reduce holding costs. The main risk is price sensitivity: the 2022 sale at $975k and current estimate midpoint of $930k suggest limited capital growth in a softening market, meaning buyers must rely on rental income or owner-occupier utility for returns. The studio’s separate access and 7-car capacity offer commercial logic for a home-based business or high-yield dual rental strategy. Hold as a cash-flow positive dual occupancy or use the studio for extended family to offset mortgage costs.