1/462 Station Street, Bonbeach VIC 3196

2 bedroom unit | rear private position | 500m to beach | station walkable | single level low maintenance This property occupies a rare intersection of coastal proximity, transport access, and single-level liveability that appeals directly to downsizers and first-home buyers seeking a low-maintenance base. The rear-of-block positioning and separate carport offer genuine privacy and security absent from many units in this corridor, while new flooring reduces immediate outlay. Its compact footprint means lower holding costs and stronger rental demand from professionals wanting beachside commuter access. The primary risk lies in the unit’s retro kitchen and bathroom, which will limit capital growth until updated, and the absence of strata lot size data obscures true ownership costs. The opportunity is to negotiate on condition grounds, then hold for steady rental yield while coastal infill demand tightens supply. This property works best as a long-term hold for an owner-occupier or as a low-management rental investment.