4/2 Moira Avenue, Highett VIC 3190

3-bedroom townhouse | compact 159sqm block | single-level appeal | Highett bayside corridor location The property offers a rare configuration for Highett: a single-bathroom townhouse on a compact lot, which positions it competitively for downsizers and investors seeking lower-maintenance living. The 159sqm land size is efficient rather than generous, but the townhouse format provides separation from apartment-style living, and the suburb’s train and shopping access supports steady demand. For a buyer, the key advantage is entry into a well-located townhouse without the premium of a larger block, making it suitable for those prioritising location over space. The primary risk is the single bathroom, which limits appeal to families and may narrow the resale market; this should be factored into any offer logic. The off-market pricing gap against automated estimates suggests either a premium for presentation or an overhang in vendor expectation, so a buyer should verify recent comparable sales and condition. Opportunity lies in negotiating from the lower valuation baseline, particularly if the property requires cosmetic updates. Hold as a low-maintenance residence or lease to a professional couple, accepting that capital growth will track the suburb rather than outperform.