2/12 Symonds Street, Hawthorn East VIC 3123

1-bedroom unit | next to Fritsch Holzer Park | Boroondara Council | flood overlay noted | 17-property complex This unit is positioned next to Fritsch Holzer Park with direct tram access, giving it a rare edge in Hawthorn East for a compact one-bedroom. The Boroondara Council area and absence of bushfire or heritage overlays simplify ownership and reduce compliance risk. It suits a first-home buyer or investor seeking a low-maintenance entry into a well-located suburb with park proximity. The complex size of 17 properties supports manageable body corporate costs and reasonable privacy. The flood overlay is the primary risk, potentially affecting insurance premiums and resale appeal; a flood report and building inspection are recommended before commitment. The estimated value around $448,000 aligns with recent asking ranges, offering a fair entry point. This unit is best held as a long-term rental or owner-occupied base, with park and tram access supporting stable demand.