2/9-11 Blantyre Avenue, Chelsea VIC 3196

Compact townhouse | 102 m² site | not in flood zone | last sold 2015 | price band around mid-to-high $600k This is a genuinely rare configuration for Chelsea — a compact two‑bedroom townhouse on its own title with a very small land footprint, which keeps the entry price well below detached houses while still offering private ground‑floor living. The 102 m² site and the absence of flood overlay are both meaningful advantages in this part of the bayside strip, where many smaller lots sit within flood‑prone zones. It is best suited to a downsizer wanting single‑level convenience without stairs, or a first‑home buyer seeking a low‑maintenance foothold in a coastal suburb where detached stock has moved beyond $800k. The townhouse form also appeals to local investors, as two‑bedroom attached dwellings in Chelsea tend to attract consistent rental demand from young couples and professionals. The 2015 sale date means the price guide reflects a market that has risen since then, but the exact condition and finish of the interior remain unconfirmed from the available detail. A buyer should weigh whether the townhouse has been updated since that last transaction, because an unrenovated unit at the lower end of the indicated range may require a modest capital outlay for kitchen or bathroom refresh, while a well‑maintained example at the upper end could represent fair value. The compact site also limits future subdivision potential, so the property’s value will be driven primarily by its livability and rental yield rather than land‑banking opportunity. Any buyer should verify the body corporate fees and any special levies, as these can meaningfully affect holding costs on a small lot.