8/178 Murrumbeena Road, Murrumbeena VIC 3163

Rear townhouse on large lot | Two-car carport | No overlays | Zoned for Glen Eira College This townhouse presents a competitively strong proposition due to its rare 1318sqm lot share, an unusual feature for a two-bedroom unit that provides underlying land value and a sense of space atypical for the typology. Its rear position ensures privacy, while the absence of bushfire or heritage overlays simplifies due diligence. This property best serves an owner-occupier seeking a low-maintenance home in the Glen Eira College zone or an investor capitalizing on strong rental demand indicated by the $660-760 per week range. Proceed with a strata report to quantify financial risk from shared infrastructure on the large block, as maintenance liabilities could offset the land value advantage. The commercial logic is the land component within a high-demand school catchment; this supports capital stability. Acquire for long-term hold, leveraging the dual car spaces and contemporary finishes for either rental appeal or personal use.