208/41 Murrumbeena Road Murrumbeena VIC 3163

Top-floor unit with elevator | Built 2013 in established suburb | Two-bedroom with garage | Murrumbeena Primary and Glen Eira College zone. This property offers a rare combination of modern build quality and top-floor positioning within a walkable, well-zoned suburb. The 2013 construction and elevator access remove common compromises found in older walk-up stock, making it a strong option for owner-occupiers seeking low-maintenance living or investors targeting tenants who value convenience and a garage. The school catchment adds a structural layer of demand that supports both resale and rental stability. The primary risk is the lack of disclosed floor size and the unit’s position within a larger complex on a substantial land parcel, which may limit future capital growth relative to a house or townhouse. Buyers should verify body corporate fees and any special levies, as these can erode yield. The rental midpoint of $620 per week suggests a gross yield near 5.6% at the value midpoint, which is acceptable for a unit of this vintage. This property is best held as a long-term rental or entry-level owner-occupied home, not as a short-term flip.