2/52 Corrigan Avenue, Brooklyn VIC 3012

Fully renovated townhouse | quiet street, courtyard privacy | Bayside P-12 zoning | 94sqm on 127sqm lot | no overlays, low-maintenance hold This property offers a rare combination of a full renovation and a private courtyard in a small, owner-occupied street, which typically supports stronger capital stability and lower turnover risk than investor-heavy blocks. The open-plan layout and covered outdoor zone create a functional floorplan for a downsizer or first-home buyer seeking lock-and-leave convenience. Zoning for Bayside P-12 College adds a measurable demand driver for families, while the absence of flood, bushfire, or heritage overlays removes common insurance and approval friction. The 94sqm building size on a 127sqm lot is efficient rather than generous, but the configuration prioritises usable space over unusable land. For a buyer, the key edge is a move-in ready townhouse in a low-supply street with school catchment appeal, which should sustain buyer inquiry and limit time on market. The primary risk is the narrow lot width and attached configuration, which may limit future extension options and appeal to buyers seeking standalone title. The street has only four properties and no recent sales, making valuation benchmarking reliant on broader Brooklyn medians rather than direct comparables. The 2023 sale date suggests a recent purchase cycle, so the vendor may have a firm reserve. However, the fully renovated condition removes immediate capital expenditure, and the 5G and FTTC connectivity are functional rather than premium. For a buyer, this is a hold-and-use property: live in it for five to seven years, benefit from school catchment demand, and exit when the next renovation cycle in the street creates a comp.