51/200 Melrose Drive, Tullamarine VIC 3043

2 bed, 2 bath, 1 car | Established Tullamarine complex | Airport-adjacent positioning | Older-style build with inspection history This unit’s competitive strength is its two-bathroom configuration in a market where comparable two-bedroom units often share a single bathroom, giving it a rare edge for share-households or owner-occupiers wanting guest separation. Its position in a 1980 complex near Melbourne Airport and major arterials makes it suited to aviation workers, investors targeting consistent rental demand, or buyers priced out of closer suburbs. The primary risk is the older build’s potential for higher maintenance levies and layout compromises typical of its era, which can narrow the buyer pool and suppress capital growth relative to newer stock. The opportunity lies in the airport-linked tenant pool, offering reliable cash flow if purchased toward the lower end of the valuation range. This unit is a hold for steady rental income, not a flip for rapid appreciation.