107/1 Turakina Avenue, Edithvale VIC 3196

Beachfront apartment 50m from sand | 82sqm with two bathrooms | Rare land component in a flat | Zoned for strong schools The property’s competitive edge lies in its unusual land-to-building ratio for a bayside flat, offering a share of 1,285sqm that most apartments lack. This configuration, combined with the 50-metre beach proximity and dual bathrooms, positions it as a rare entry point into Edithvale’s premium coastal strip. It serves best a downsizer or professional couple seeking low-maintenance living with genuine waterfront amenity, not a holiday crash pad. The 2022 purchase history suggests the current pricing reflects post-COVID market adjustment, making it a considered re-entry rather than a speculative play. The absence of bushfire, flood, or heritage overlays removes costly insurance and renovation hurdles that often plague coastal properties. The main risk is the open car space, which may deter car-dependent buyers and compress future resale demand. However, the FTTP connectivity and 5G coverage support remote work, widening the buyer pool beyond retirees. Hold this property for lifestyle yield and capital preservation, not aggressive growth—it is a defensive coastal position with steady rental demand from the $700–$815 weekly range.