121/466 Burwood Highway, Wantirna South VIC 3152

compact retirement unit | 68m² built 2016 | 200m to Knox Shopping Centre | downsizer-oriented floorplan This is a modern, low-maintenance retirement unit within a well-established village, built in 2016 and sized at 68m². Its primary competitive strength is location: being 200 metres from Knox Shopping Centre offers exceptional convenience for daily errands, services, and social amenity. The property is best suited to downsizers or retirees seeking independent living with communal facilities like swimming and social groups. Its newer build and secure parking add appeal for those prioritising ease and security over land size. Value here may be influenced by the retirement village structure, which typically includes ongoing fees and usage covenants that can affect resale liquidity and limit buyer pool to over-55s. The modest floorplan and single bathroom may constrain appeal for couples wanting more space. Rental yield signals are moderate, but the property’s proximity to major retail and its age-appropriate design could support steady interest from the right buyer demographic.