3/35 Whitelaw Street, Reservoir VIC 3073

Modern townhouse | Low-maintenance & stylish | No overlays | Zoned for local schools | Strong rental estimate This property presents a competitively strong, low-maintenance housing solution in a established suburb. Its modern condition and three-bedroom, three-bathroom layout are rare for a townhouse at this scale, serving owner-occupiers seeking convenience or investors targeting stable rental demand from families drawn to the defined school catchments. The absence of bushfire, flood, or heritage overlays significantly reduces compliance risk and holding costs. The primary decision risk is valuation ambiguity, with estimates spanning a $143,000 range and conflicting property classifications between unit and townhouse potentially affecting finance. The commercial opportunity lies in securing it within the lower price guide, banking on the suburb’s median growth while the high bathroom count and estimated rental yield support holding costs. Acquire this as a long-term hold, leveraging its move-in ready appeal for either immediate tenancy or occupancy. * **35 Whitelaw Street (House):** Sold for $670,000. A 3-bedroom, 1-bathroom house on a 650m² lot. This single comparable sale of the parent house, on a much larger block, suggests the townhouse’s price guide reflects a premium for its modern build, extra bathrooms, and low-maintenance format, rather than land value. It anchors the value proposition in the building itself.