216/26 Warleigh Grove, Brighton VIC 3186

Profitable only if held medium-term | Rental upside exists now | Location outweighs unit size for entry into Brighton | Check strata fees and floorplan before proceeding The property’s pricing sits below Brighton’s median entry point by a material margin, but this discount reflects a trade-off in space and land component. The buyer absorbs a risk of slower capital growth per square metre compared to freestanding stock here. The opportunity lies in the suburb’s constrained supply and strong rental demand, which supports a plausible yield above 4.5 percent in current conditions. This is a hold-and-collect proposition for a buyer who values lifestyle access over land speculation. The competitive strength is the address and the complex quality. Bruce Henderson architecture and Jack Merlo landscaping are rare features in this price tier, and they underpin better long-term desirability than a basic one-bedder in the same suburb. The current rental history shows upward momentum from $350 to $490 per week over four years indicating the market has re-priced this type of unit upward. This property suits a downsizer wanting Brighton amenity without garden maintenance or an investor wanting low entry into Bayside with proven tenant demand The next step is to get the full strata report and floorplan to confirm there are no sinking fund surprises or layout compromises. Once those are clear, the numbers support proceeding with an offer near the lower end of the range to build in a buffer for the slower capital growth profile.