Discover a charming, freshly renovated ground-floor courtyard unit in the quiet and peaceful pocket of highly desirable Balaclava – perfect for first home buyers, owner-occupiers and savvy investors!
This low-maintenance residence features a spacious bedroom with built-in robes, a sleek modern ensuite with rain shower, classic timber floors that blend original charm with contemporary style, and a bright open-plan living and meals area flowing seamlessly into a dazzling kitchen with stainless steel appliances. The generous front courtyard is ideal for summer BBQs, morning coffee, weekend entertaining – or maximising your short-term holiday letting returns.
Secure Your Sanctuary
• Large bedroom with built-in robe storage
• Stylishly updated ensuite bathroom with rain shower
• Ceiling fan for year-round comfort
• Direct courtyard access
• Secure car space (multi-use)
The Essentials
• Internal: 45m² | External: 13m² | Total: 58m²
• Ground floor | 1 bed | 1 bath | 1 car
Investment & Lifestyle Appeal
Tucked away on tranquil, tree-lined Gourlay Street, this property offers the perfect balance of serene, peaceful living with outstanding income potential. Enjoy strong long-term rental demand and attractive yields in Balaclava, plus excellent easy short-term BnB returns – especially during summer when visitors flock to nearby St Kilda Beach, Ripponlea Village and bayside attractions.
With a proven track record of capital growth in this sought-after inner-Melbourne suburb, it’s also an outstanding opportunity for future resale and long-term wealth creation. Just moments from Carlisle Street cafés, Ripponlea Estate parklands, trams, buses and Balaclava/Ripponlea stations.
Fast settlement available – 30 days or as negotiated. Quick move-in possible!
All information including internalu/external areas has been provided by third parties and may be approximate. Buyers are strongly encouraged to undertake their own due diligence.
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