202/112 Mimosa Road, Carnegie VIC 3163

2-bedroom apartment | Carnegie Village walkable | large entertainer balcony | strong rental yield potential This property offers a rare combination of modern two-bedroom layout and a generously sized balcony, which positions it well above comparable units in the complex for both owner-occupier appeal and tenant demand. The walkable proximity to Carnegie Village, coupled with zoning for Carnegie Primary and Glen Eira College, gives it a clear edge for first-home buyers or investors targeting the professional or young family demographic. The absence of bushfire, flood, or heritage overlays reduces due diligence friction, and the shared strata title on a 2369m² lot suggests reasonable body corporate scale without overexposure. The primary risk is the premium over the comparable unit at 208/112, which sits at a lower estimated value and may pressure resale if market conditions soften. Buyers should negotiate firmly toward the lower end of the listed range, as the rental yield at $735 per week supports a conservative entry but not aggressive bidding. The opportunity lies in holding for steady capital growth in a stable inner-Melbourne suburb with strong connectivity,NBN and 5G coverage are supporting amenities, not prime drivers. Use this property as a long-term hold for rental income or as a well-located first home with minimal maintenance overhead.