4 Edmund Street, Maidstone VIC 3012

902m² block in inner-west | 19% building coverage | 75% owner-occupied street | single-bathroom house with redevelopment potential. The property’s primary buying case rests on its unusually large 902m² land parcel in a stable, owner-occupied street, with only 19% building coverage. This configuration gives a buyer significant repositioning optionality—either extending the existing 168m² house or pursuing a future subdivision, subject to council approval. The 5G and FTTP connectivity, while not prime drivers, support premium tenant or owner-occupier demand. The property is best suited to a buyer with medium-term holding capacity who values land banking or a value-add renovation in a well-located Maribyrnong pocket. The main risk is the single bathroom and likely dated interior, which limits immediate rental yield and market appeal without capital injection. The 1999 purchase history suggests limited recent improvements, so a buyer should budget for a full refresh. The opportunity lies in the low land-to-building ratio and absence of flood or heritage overlays, which streamline future development. Hold this property for land appreciation and consider a strategic renovation to lift rental income before a longer-term subdivision play.