6/57 Milan Street, Mentone VIC 3194

2 bed unit | 1 bath | 1 car | beachside Mentone | small complex | low-maintenance. This unit’s competitive strength lies in its compact, functional layout within a small complex in a sought-after beachside pocket, making it a rare entry point for first-home buyers or downsizers seeking low-maintenance living without sacrificing location. The configuration suits owner-occupiers wanting proximity to the coast and amenities, while investors benefit from consistent demand in a tightly held suburb. The primary risk is the shared land parcel, limiting future subdivision potential and imposing body corporate costs that reduce net yield. An opportunity exists in holding for capital growth driven by bayside scarcity, with the unit best used as a long-term hold for lifestyle-oriented buyers or as a stable rental.