3/5A The Avenue, Balaclava VIC 3183

Ground-floor Art Deco unit | tree-lined Balaclava pocket | courtyard and parking included | compact 60–65m² floorplan | flood overlay noted This apartment is competitively positioned as a ground-floor, period-character unit with private courtyard and secure parking in a tight-held, tree-lined part of Balaclava. Its Art Deco features, high ceilings, and hardwood floors are sought after among buyers who value older inner-bayside character over newer, larger builds. The configuration is best suited to owner-occupiers, downsizers, or lifestyle buyers who prioritise walkable access to trams, cafés, and retail over internal space. The single-level layout and private outdoor area add further appeal for those seeking convenience or pet-friendly living. The reported flood overlay on the broader address record may affect insurance costs or lending terms and should be verified against a parcel-specific planning certificate. The compact 60–65m² floorplan, while typical for older apartments in the area, may limit appeal for buyers seeking more generous living or storage space. The building’s older form may also involve higher ongoing maintenance or limited layout flexibility compared to newer stock, which could influence price expectations.