Sold off-market | 3-bed retirement apartment | boutique village, no stamp duty | east-facing, 109sqm | Moorabbin convenience.
This unit offers a rare configuration for the retirement segment: three bedrooms in a boutique village, which positions it well for downsizers wanting guest or study space without moving to a larger house. The east-facing aspect and 109sqm internal area are competitive for the price band, and the no-stamp-duty policy directly improves net acquisition cost. The property suits buyers seeking lock-and-leave living with strong amenity proximity, particularly those prioritising security and low-maintenance over land.
The main risk is limited resale liquidity given the property is not currently marketed and street-level sales data is absent, which may extend holding periods. The opportunity lies in direct village contact for off-market negotiation, potentially below comparable 2-bed units at $725k. Hold as a primary residence for lifestyle; exit planning should factor village resale timelines.