444/38 Mt Alexander Road, Travancore VIC 3032

2-bed apartment in complex | 2008 build | high rental yield | no overlays | 5G coverage This unit presents a competitively priced entry into the Moonee Valley market, defined by its strong gross rental yield and absence of environmental overlays, which streamlines due diligence. The configuration is standard for the building, but its value positioning against recent sales anomalies creates a clear opportunity for yield-focused investors or first buyers seeking lower entry cost without compromise on location fundamentals. It serves an investor prioritizing immediate cash flow over capital growth speculation. Proceed with the understanding that the significant variance in recorded sale prices within the complex represents a material valuation risk, likely reflecting unit quality disparities or data integrity issues. The quoted land size is a strata calculation, not a private allotment. Secure a professional valuation to anchor your offer. The commercial logic is in holding the property for medium-term rental income, not for short-term trading, given the opaque sales history. Treat it as a yield play. Comparable data shows: – Unit G4/38: ~$350,000 valuation. – Building range: $350,000-$365,000 for similar 2-bed units. – Anomalous sale: $650,000 for a unit at same address. This spread indicates inconsistent quality or reporting; your unit’s value sits firmly in the lower, established band, not the outlier.