2/4 Gordons Road, Templestowe Lower VIC 3107

Rear two-unit position | 268sqm low-maintenance lot | renovated kitchen and bathroom | three generous bedrooms The property’s competitive strength lies in its rear position within a two-unit configuration, offering privacy and a low-maintenance footprint on a 268sqm lot without body corporate fees. The renovated kitchen and bathroom reduce immediate capital outlay, while the light-filled living zone with indoor-outdoor flow suits downsizers or small families seeking a lock-and-leave option in Templestowe Lower. This property serves buyers prioritizing convenience and minimal upkeep over space, with the renovation quality supporting a stronger negotiating position against unimproved comparables. The primary risk is the single bathroom, which limits appeal to owner-occupiers with children or investors targeting sharers, narrowing the buyer pool. The 2007 last sale date suggests potential for deferred maintenance in unseen areas, though the renovation mitigates this. An opportunity exists in the 268sqm lot for future subdivision or extension subject to council approval, adding long-term optionality. This property should be held as a low-maintenance residence or improved with a second bathroom to broaden resale appeal.