31 Westlock Road, Mickleham VIC 3064

Modern 2018 build | Small 237m² lot | Annadale estate location | Rented at $460pw This property presents a competitively strong entry into a modern, low-maintenance house with established rental demand. Its 2018 construction with contemporary inclusions like ducted heating and FTTP NBN reduces immediate capital outlay for a buyer, serving an investor seeking a turnkey solution or an owner-occupier prioritizing a newer build in a master-planned community. The configuration of three bedrooms, two bathrooms, and dual living areas on a compact lot is precisely targeted at the core market for efficient family living in this growth corridor. The primary risk is the compressed land component, which may constrain future capital growth relative to larger lots in the area, and the estate positioning offers limited scarcity. The opportunity lies in securing a tenanted property with a documented yield near 4.2%, providing immediate income to offset holding costs. Acquire this as a long-term hold for reliable rental service, not for speculative land banking.