313/8 Lygon Street, Brunswick East VIC 3057

Top-floor corner unit in boutique block | City skyline aspect from covered balcony | Rare open parking in Brunswick East | Zoned for sought-after secondary college. The property occupies a defensible position within a small complex, offering a covered balcony with city views that is genuinely scarce in this price band. The open parking space, while not undercover, removes a common friction point for owner-occupiers and tenants alike. The zoning for Princes Hill Secondary College adds a structural demand layer that insulates the unit from broader market softness. This flat suits a first-home buyer seeking long-term hold or an investor targeting the reliable rental yield indicated by current market rents. The flood overlay is a material consideration, likely to increase insurance costs and may affect future lending appetite from conservative financiers. The land size being the complex total means zero private land component, limiting capital growth relative to houses or townhouses. The 2018 sale price is now stale data; the current list range suggests modest appreciation over six years, reflecting the ceiling imposed by strata living. The opportunity lies in negotiating below the midpoint of the range, using the overlay and lack of floor plan as leverage. Hold for rental income and school-zone demand, not for speculative land uplift.