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Overview
Set in a prized waterfront location within Patterson Lakes, this two-storey townhouse presents a compelling opportunity for investors and renovators alike. With the property currently leased until September 2026, it guarantees immediate rental returns while providing the flexibility to plan your future enhancements at your own pace.
The home is perfectly positioned to wake up to serene water vistas, offering a tranquil environment to enjoy mornings with coffee as boats pass quietly by the rear yard. This peaceful setting combines low-maintenance living with a genuine lifestyle advantage, allowing owners to relish waterside charm without the hassle of extensive upkeep.
- Upstairs houses two well-sized bedrooms alongside a centrally located bathroom, providing essential private spaces.
- The ground floor features welcoming living areas, an open kitchen, convenient laundry, and a power room, all designed to flow effortlessly towards the water-facing outlook, enhancing natural light and ambiance.
- Practical car accommodation is thoughtfully arranged, including a secure single carport with a roller door and extra parking space behind double gates, suitable for an additional vehicle, trailer, or boat – a significant benefit for waterfront living enthusiasts.
This property stands out as a rare chance to secure affordable yet premium waterfront townhouse living, appealing particularly to buyers focused on immediate investment returns with future capital growth potential through enhancement. The blend of lifestyle, position, and flexibility ensures this townhouse meets varied needs without compromising on quality or appeal.
Local Market Insights
In Patterson Lakes, Quiet Listings observed 6 new townhouses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $711,667. The property type mix of listed properties is predominantly Houses at 55%, followed by townhouses (27%), and units (18%). Ray White was the most active agency in this area, representing 33.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Patterson Lakes VIC 3197
Market Insights for Patterson Lakes VIC 3197
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