15/22-26 Pascoe Street, Pascoe Vale VIC 3044

Secure rear townhouse | two-car parking | Pascoe Street amenity strip | strong rental yield potential This property presents a compelling buying case for a first-home buyer, downsizer, or investor seeking a low-maintenance foothold in a high-amenity corridor. The rear position within a secure gated complex provides a privacy advantage over street-front units, while two dedicated car spaces are increasingly rare for a two-bedroom townhouse at this price point in Pascoe Vale. The immediate proximity to cafes, retail, and services reduces car dependency and supports consistent rental demand, with the estimated gross yield of 4.0–4.3% sitting above the metro townhouse average. The absence of bushfire, flood, or heritage overlays simplifies due diligence, and FTTP broadband adds a convenience layer for remote workers. The principal risk is valuation uncertainty: the wide spread in automated estimates signals that comparable sales data may be thin or inconsistent for this configuration, making an independent appraisal critical. Body corporate fees are unconfirmed and could materially affect holding costs or net yield. The 129m² land size is modest, limiting future capital growth relative to larger lots, and the interior condition and exact floorplan require physical inspection to confirm liveable space and renovation needs. The opportunity lies in negotiating from a position of informed caution—if the unit is well-maintained and body corporate costs are reasonable, the combination of location, parking, and yield offers a defensible entry into an established suburb.