304/49 Beach Street, Port Melbourne VIC 3207

Beach Street frontage | Aqua Vita building | Third-floor position | Premium Port Melbourne pocket This apartment in the architect-designed Aqua Vita building is competitively positioned for its combination of beachfront proximity and the Bay Street retail precinct within walking distance. The third-floor placement offers a balance of outlook and privacy above street level, while the single-level two-bedroom configuration with one car space suits downsizers or professionals seeking low-maintenance coastal living. The 1716m² complex lot suggests reasonable common amenity, and the private sale range places it firmly in the premium segment, appealing to buyers valuing location over internal footprint. The key risk is the absence of verified internal floor area, body corporate fees, and recent sale history for this specific unit, which may affect valuation certainty and holding costs. The single bathroom limits appeal for couples sharing, and the lack of disclosed renovation history means potential capital expenditure. Opportunities lie in the tight supply of beachside apartments in this pocket and the building’s architectural pedigree supporting long-term value retention. Hold for owner-occupation or as a lifestyle-oriented base; resale prospects depend on maintaining the premium positioning.