Modern 2011 build | 3 large bedrooms | Leased at $450pw | Near specialist & primary schools
This property presents a competitively strong, low-maintenance entry into the Warragul market, best serving an investor seeking immediate yield or a downsizer. Its 2011 construction date implies modern building standards and reduced near-term capital expenditure, a relative rarity in the stock. The established tenancy at $450 per week provides instant income, positioning a buyer with cash flow from settlement, while the configuration with three large bedrooms and a study nook aligns with enduring demand from small families or professional tenants.
The primary risk is the compressed single car space against a three-bedroom footprint, which may constrain future resale to multi-vehicle households. The tight price guide range suggests competitive interest, demanding swift due diligence. The zoning supports stability, not uplift. Acquire as a set-and-forget investment; its modern build quality and current lease mitigate management overhead. For an owner-occupier, the functional layout is sound, but verify the school catchment claims directly with the institutions, as this is a key assumed advantage.