4/1A Golden Avenue, Chelsea VIC 3196

Beach proximity 300m | Boutique group low maintenance | Three bedrooms two bathrooms | Secure basement parking two cars | Kingston council no overlay risk This townhouse presents a rare configuration edge in Chelsea: three bedrooms with two bathrooms and two secure basement car spaces within a small boutique group, all within 300 metres of the beach. The low-maintenance positioning and absence of bushfire, flood, or heritage overlays reduce holding risk and broaden buyer appeal, particularly for owner-occupiers seeking a coastal lock-and-leave or investors targeting the upper end of the weekly rental range at $725. The 585m² land component within a townhouse format offers a structural advantage over standard apartments, supporting stronger long-term value retention. The primary risk is the absence of recent market exposure—last sold in 2018 at $600,000—meaning the current valuation of $821,000 must be tested against comparable sales in the immediate beachside pocket. The split-system climate control and modern kitchen are functional but not premium, and the NBN Fibre to the Curb is a supporting rather than decisive feature. For a buyer, the opportunity lies in securing a property with proven rental demand and a land buffer, but only if acquired below the upper valuation range. Hold for steady coastal capital growth or occupy for lifestyle advantage with low ongoing cost.