204/10 Alfrick Road, Croydon VIC 3136

Modern two bedroom apartment | walk to station and shops | dual bathroom flexibility | low maintenance buy The property’s competitive edge lies in its dual bathroom layout within a two bedroom footprint, a configuration that is notably scarce in this price tier. For a buyer, that means genuine flexibility for a flatmate or tenant without sacrificing privacy, which directly improves rental yield and owner occupier appeal. The walkability to Croydon station and the Arndale Centre reduces car dependency, a factor that holds value in a market where location convenience is increasingly priced in. This unit suits a first home buyer wanting to live and rent a room, or an investor seeking stable tenant demand in a well connected suburban node. The main risk is the small balcony and no dedicated study or second living space, which may limit appeal to couples working from home. The estimated value sits above the asking range, meaning the buyer is buying into potential upside if the market holds, but the property’s size restricts capital growth compared to a house. The opportunity is to hold as a rental after owner occupation, given the consistent rental demand from singles and professionals near transport. Use this property as a low maintenance foothold in a corridor with long term infrastructure support.