9/12 Irving Street Malvern VIC 3144

Top-floor 1970s boutique block | Northern light & leafy outlook | Renovated with car space | Low fees in blue-chip Malvern This unit presents a competitively rare configuration for Malvern: a top-floor, renovated one-bedroom home with a car space and balcony in a small, solid 1970s block. Its scarcity lies in combining boutique scale, quality renovations, and a set-back, green aspect typically found in larger homes, serving the entry-level buyer or investor seeking a low-maintenance foothold in a premium suburb. The low owners corporation fees and proven rental demand underscore its investment logic. The primary risk is the price growth reliance on its specific, irreplicable attributes within a suburb dominated by houses and larger apartments, limiting buyer pool expansion. The opportunity is securing a turnkey property with immediate rental viability and enduring appeal due to its light, privacy, and craftsmanship. Acquire as a long-term hold to leverage Malvern’s fundamentals. Propcred provides the precise market valuation, strata health checks, and locality due diligence needed to secure this niche offering. The property last sold for $451,000 in July 2019. Its current price guide represents a notable increase, indicating sustained demand for well-positioned, renovated units in this location over the period.