707/222 Bay Road, Sandringham VIC 3191

Prime location in Sandringham | luxury building with resort amenities | wraparound terrace over 100sqm | strong owner-occupier majority. This unit offers a rare combination of scale and lifestyle in a well-regarded building. The 104sqm terrace is the standout feature, providing private outdoor space that is uncommon in apartment living and adds genuine utility for entertaining or relaxation. The three car spaces and two storage cages are practical advantages that improve convenience and reduce ongoing costs. With 70% owner-occupiers, the building has stable tenure and lower turnover risk, which supports long-term value. This property suits buyers seeking a low-maintenance home with resort-style amenities in a coastal village setting, without sacrificing space or parking. The flood overlay is a specific risk that may affect insurance premiums and resale appeal, so a full history check and insurer quote are recommended before proceeding. Rental yield at current estimates is modest, around 3.2%, which makes this better suited as a primary residence than an investment. The building’s mix of long-term and newer owners suggests steady management, but the large complex means special levies are possible. Hold this property as a long-term home where the terrace and location will deliver lifestyle returns that outweigh moderate capital growth.