2/211 Bayview Road, Mccrae VIC 3938

Modern townhouse in McCrae | four bedrooms plus second living | month-to-month tenancy at $3,368 pcm | low-maintenance coastal position The property presents as a well-configured townhouse in a sought-after Mornington Peninsula pocket, where the four-bedroom layout with a ground-floor guest suite gives it genuine dual-market appeal,owner-occupiers gain a private wing for visitors or multigenerational living, while investors secure a tenancy already yielding near 3.8% gross on a conservative midpoint. The double garage with internal access, private courtyard, and quality kitchen with SMEG appliances reduce the friction of immediate occupation or ongoing management. Its position near McCrae Village and beaches, with zoning for Rosebud schools, supports both lifestyle and rental demand, making it a rare turnkey option in a market where similar stock is often dated or requires work. The bushfire overlay is the primary risk, potentially affecting insurance premiums and future renovation scope, though no flood or heritage constraints apply. The month-to-month tenancy offers flexibility but also vacancy risk if the tenant vacates without notice, though current rental demand in the area suggests quick re-leasing. A strata report is essential to confirm sinking fund health and any upcoming levies, as the complex’s age and finish quality are not detailed. For an owner-occupier, this property works as a low-maintenance coastal home with immediate rental income if delayed occupancy is acceptable; for an investor, hold the tenancy, review the lease terms, and budget for a strata inspection before committing.