205/95 Warrigal Road, Hughesdale VIC 3166

Second floor flat | secure garage included | Oakleigh Primary zone | compact block with no overlays The unit sits inside a well-managed Monash complex where the combination of a secure second-floor position and an included garage is uncommon at this price tier. The light-filled open layout and modern interior mean the property competes well against older stock in the area, and the zoning for Oakleigh Primary and South Oakleigh Secondary College gives it a clear advantage for owner-occupier families or investors targeting tenants with school preferences. The absence of bushfire, flood, or heritage overlays simplifies due diligence and removes a layer of holding risk that can affect similar properties in other corridors. This unit best suits a first-home buyer or a small-scale investor looking for a low-maintenance entry into a stable local government area with solid amenity. The main risk is the small land component—the unit holds no development upside and its value will track the broader apartment market rather than land appreciation. The NBN connection is adequate but not a prime mover for buyers. The 2024 sale at $380,000 and the current listing range suggest the owner is testing for a modest gain, but the rental estimate of $585 per week offers a reasonable yield if purchased near the lower end. The opportunity lies in holding for steady rental income rather than short-term capital growth, and the property should be treated as a cash-flow position within a diversified portfolio rather than a renovation or subdivision play