2/6 Normanby Street, Hughesdale VIC 3166

Renovated single-level unit | Two secure car spaces | Walk to Hughesdale station | Zoned for Oakleigh Secondary This unit’s strongest buying case lies in its renovation quality and the rare provision of two off-street car spaces for a single-level apartment in this pocket. The modern kitchen with Bosch appliances and Caesarstone benchtops, combined with the frameless shower and matte black finishes, positions it well against older stock in the area. For an owner-occupier seeking immediate comfort without further work, or an investor targeting the professional tenant demographic that values parking and contemporary fit-out, the property offers a competitive entry point. The absence of bushfire, flood, or heritage overlays simplifies due diligence, and the reliable NBN and 5G coverage support remote work viability. The primary risk is the small 69m² land component, which limits future capital growth compared to larger allotments and may constrain resale appeal to a narrower buyer pool. Body corporate fees remain unverified and could materially affect holding costs, particularly if the complex has limited sinking fund reserves. The 2023 sale history suggests recent price discovery, but the current asking range sits near the upper boundary of valuation estimates, meaning the buyer must negotiate firmly to secure a margin of safety. Rental income around $630 per week offers a modest yield, but the property should be held for at least five years to recover transaction costs and benefit from Hughesdale’s steady demand from families and Monash University employees.