29 May Street Altona North VIC 3025

Corner block | custom 2008 build | 4 bedrooms, 3 bathrooms | two-car garage plus two open spaces | high-confidence rental yield. This property offers a rare configuration advantage on a corner lot, providing dual street access and four dedicated car spaces—a practical edge for families with multiple vehicles or a small boat. The 2008 custom build on a compact 332m² site achieves 46% coverage, meaning the living spaces are efficiently designed without wasted land. For a buyer seeking a modern, low-maintenance family home in Altona North, this house delivers strong rental fundamentals and immediate livability. It suits owner-occupiers who value afternoon light and local schools, or investors targeting the $915 weekly rental bracket with high confidence. The primary risk is the corner lot’s exposure to street noise and reduced private outdoor space, which may limit appeal to buyers seeking a secluded backyard. The absence of bushfire, flood, or heritage overlays simplifies insurance and renovation, but the 2018 purchase history suggests limited capital growth in the near term. An opportunity exists to add value through landscaping or a rear studio, leveraging the corner position for separate access. Hold this property for steady rental income or as a long-term family base, not for short-term flipping.