2/3 Burwood Avenue Hawthorn East VIC 3123

Boutique secure building | private courtyard | heritage overlay | walk to amenities | 4.5% yield potential This property presents a competitively strong offering as a low-maintenance, light-filled unit in a boutique building on a large, shared lot, a configuration increasingly rare in the area. Its private positioning, modern open-plan living, and direct access to a courtyard enhance livability, ideally serving professionals or small families seeking a lock-and-leave lifestyle with excellent walkability to transport, schools, and village amenities. The heritage overlay provides neighbourhood character preservation but formally limits structural alterations, a key trade-off for any future renovation plans. Proceed with a clear assessment of strata governance and finances, as the substantial shared land size implies managed common costs. The calculated gross yield near 4.5% offers sound investment logic, positioning this as a hold property for either long-term capital growth in a premium locale or a stable rental. For a precise real market valuation, tailored due diligence on locality risks, and strata health checks, our advisory report structures the necessary commercial scrutiny.