26A Marlow Street is a refurbished weatherboard villa split into two self-contained flats in a popular Saint Kilda location, offering strong rental demand and flexibility.
The front flat features one bedroom, a light living area, tidy kitchen and modern bathroom, with a private deck and fenced lawn. Character touches remain with high ceilings and the bay window.
The rear flat offers two bedrooms, open-plan living, an updated kitchen and bathroom, and French doors opening to a new deck and low-maintenance yard. A separate laundry and good storage add practicality.
For buyers wanting to offset costs, the setup works well as a home-and-income arrangement: live in one and rent the other, or hold both as part of a portfolio. The one bedroom flat is currently vacant with an appraisal of $400 per week, and the two bedroom flat has an appraisal of $500 per week giving the new purchaser a potential return over 7%.
The property has undergone significant refurbishment over recent years, delivering a clean, low-maintenance option for owners and tenants. Both flats are well insulated and heated, and present to a very good standard throughout.
Off-street parking, fencing, and close proximity to schools, transport and shops further add to the appeal.
