14 Alexandra Parade, Fitzroy VIC 3065

3-bed terrace on 279m² | heritage overlay | FTTP & 5G | high-accuracy valuation above list This property presents a competitively strong offering as a low-maintenance, character-filled home on a substantial block within a tightly held Fitzroy streetscape. The 279-square-metre lot size is rare for the area and provides genuine outdoor space, enhanced by a fully fenced courtyard and balcony. It best serves an owner-occupier seeking a turnkey, low-density lifestyle with the connectivity of fibre internet and proximity to high-performing government schools, all within a heritage context that limits undesirable development nearby. The primary decision mechanism is the price tension between the listed range and the high-accuracy valuation estimate, which sits notably higher. This gap suggests potential equity at purchase but requires immediate validation through a building inspection, given the unknown building age and finishes. The heritage overlay, while protective, imposes future renovation costs and approvals. Acquire for long-term hold, leveraging its rental yield strength and scarcity value as a larger parcel in a supply-constrained suburb.