3/134 Victoria Street, Hastings VIC 3915

Rear of four | 221sqm land | low-maintenance | Hastings unit The property’s position at the rear of a four-unit complex provides uncommon privacy and a low-maintenance footprint, which is competitively strong for downsizers or investors seeking minimal upkeep in a coastal market. The 221sqm land component, while modest, offers a freehold title with no body corporate constraints typical of larger developments, giving the buyer direct control over the property. This configuration suits an owner-occupier wanting a lock-and-leave base or an investor targeting the steady rental demand in Hastings, where the unit commands a weekly income of around $500. The bushfire overlay introduces a specific risk that may affect insurance costs and future redevelopment potential, though the property’s existing residential use is unaffected. The absence of heritage or flood overlays simplifies due diligence. With a previous 2022 sale at $465,000 and current pricing in the $540,000–$590,000 range, the buyer should assess whether the 16–27% uplift reflects genuine market movement or overreach in a softening segment. NBN connectivity is a supporting value add but not a prime driver. Hold this property for steady rental yield or as a low-maintenance residence; capital growth will track the broader Hastings market rather than outperform.