2/11 Olympic Avenue, Cheltenham VIC 3192

Rear position, private precinct | four-bedroom townhouse, low-maintenance | north-west deck with built-in BBQ | Cheltenham station, golf course nearby. The property’s rear position within a tightly held precinct provides a rare privacy advantage, reducing street noise and enhancing security—a competitive edge for families or downsizers. The open-plan living with gas log fireplace and stone kitchen with Miele appliances supports seamless entertaining, while the covered north-west deck with built-in BBQ extends usable space without land upkeep. The ground-floor flexible bedroom suits multi-generational living or a home office, and the double garage with internal access adds convenience. This townhouse best serves buyers seeking lock-and-leave living in a Bayside pocket with strong owner-occupier character and low turnover, which supports stable value retention. The 291m² lot and 171m² floor area limit expansion potential, and the absence of recent street sales increases valuation uncertainty—reliance on off-market comparisons for adjacent properties introduces risk. The 8-day market time suggests limited exposure; buyers should verify if price expectations align with current demand. The NBN and 5G coverage are functional but not decisive. Opportunity lies in the low-maintenance configuration and proximity to Cheltenham station and golf courses, which appeal to professionals or retirees. Hold as a primary residence to capitalise on the precinct’s privacy and Bayside lifestyle demand.