2/56 Venice Street, Mornington VIC 3931

Below suburb median | no overlays | 2-car parking | 164sqm land | well-connected Mornington The property is positioned competitively below the suburb median for two-bedroom units, offering a rare configuration edge with two dedicated car spaces on a 164-square-metre parcel. No bushfire, flood, or heritage overlays reduce due-diligence friction, and the combination of built-in robes and air conditioning makes it suited to first-home buyers seeking low-maintenance entry or investors targeting consistent rental demand near Mornington’s retail and school corridor. The primary risk lies in the strata context—this unit sits within a four-property complex, which limits future subdivision potential and may impose slower capital growth compared to standalone houses. Opportunity arises from the parking inconsistency flagged in older records; verifying the final allocation ensures no loss of a key differentiator. With 5G coverage and NBN Fibre to the Node, connectivity is adequate but not a prime driver, while the rental estimate of $485 per week supports a yield that sits favourably against comparable listings in the area.