46A John Street

Positioned with its own street frontage to John Street and backing directly onto open parkland, this brand-new residence delivers the perfect combination of secure income, long-term growth and exceptional lifestyle appeal. Currently leased at $750 per week ($3,250 per calendar month) until 16 October 2026, the property provides immediate rental return while the near-new construction allows investors to take advantage of substantial depreciation benefits, creating a highly tax-effective investment opportunity. Built by respected local builder Baraka Built, the home showcases impressive craftsmanship, premium finishes and a thoughtful floorplan designed for modern living. Inside, the residence offers three well-proportioned bedrooms, two bathrooms and a spacious open-plan living and dining zone that flows seamlessly to a private balcony overlooking the parkland reserve at the rear. A secure rear gate provides direct access to the park, creating a rare sense of openness and lifestyle flexibility seldom found in townhouse living. The location is equally compelling. The property sits moments from the vibrant retail and dining precinct at Millers Junction, while Altona Gate Shopping Centre and easy access to the West Gate Freeway provide seamless connectivity to the CBD. Families will also appreciate the proximity to respected local schools including St Leo the Great Primary School, St Paul's College and other excellent educational options nearby. Whether you are seeking a smart investment with secure income and powerful depreciation advantages, or securing a premium parkside home for future occupation, this immaculate property represents a compelling opportunity in a tightly held Altona North location.