36 Villeroy Street, Hampton VIC 3188

Single-level family home | renovated pool and cabana | heritage precinct | 624sqm block in Hampton This property offers a rare combination of a fully renovated single-level layout on a generous 624sqm block within a heritage precinct, making it a strong option for families seeking immediate amenity without future renovation costs. The 309sqm building footprint, with a resort-style alfresco zone and solar-heated pool, provides a competitive edge over similar-sized homes that often require updating. It is best suited for buyers who prioritise a turnkey, low-maintenance family home in a sought-after school zone, with the parental retreat and open-plan living supporting long-term occupancy. The heritage overlay imposes design constraints that may limit future extension potential, which is a material risk for buyers seeking to add value. The current building covers 50% of the site, leaving limited scope for expansion without council approval. However, the property’s strong rental yield estimate of $1,655 per week offers a viable hold strategy for investors. The absence of recent sales data beyond 2010 and the estimated value above the listing range suggest cautious negotiation. This property should be held as a long-term family residence or a high-yielding rental, with no immediate need for capital works.