83 Glen Iris Road, Glen Iris VIC 3146

New luxury townhouse | 4 bed 5 bath | rare car capacity | dual-residence site | premium family location This is a newly completed townhouse in a dual-residence development on a site that was likely subdivided, meaning the individual lot is compact but the build quality and specification are pitched at the top end of the inner-east market. The configuration of four bedrooms and five bathrooms is unusual for a townhouse this size—it suggests a layout that prioritises ensuite provision and guest facilities, which suits families who value privacy or households expecting regular visitors. The five-car accommodation is a genuine rarity in this suburb and adds significant utility for car-dependent buyers or those with multiple vehicles. Glen Iris itself is a well-established, high-demand suburb with strong school catchment appeal and good transport access, and this property sits within that premium family corridor. The best buyer for this townhouse is an affluent household trading down from a larger detached home but unwilling to compromise on space, finish, or parking. The dual-residence nature of the development may affect how the property is perceived by lenders or future buyers, as strata or owners corporation arrangements can introduce ongoing costs and governance that a standalone house would avoid. The reported land area of 364 square metres is modest for a four-bedroom home at this price point, which may limit land-value growth relative to older detached stock. The property’s position within a two-townhouse development also means there is a neighbouring dwelling in close proximity, which could influence privacy, light, and noise depending on the design. These factors do not diminish the property’s quality but should be weighed when forming a view on long-term value retention and resale appeal.