29 Geoffrey Street, Blairgowrie VIC 3942

Four-bed rarity on large lot | data conflict on bedrooms | coastal location | above-average land size This property presents a compelling opportunity based on its substantial 741m² land holding in a coastal suburb where larger blocks are becoming scarce, directly enhancing its long-term value proposition. The building’s significant 308m² footprint and 42% site coverage suggest a substantial residence, well-suited for a family or group seeking a permanent or holiday home with space. Its positioning in Blairgowrie caters to a buyer prioritizing relaxed coastal living with proximity to beach amenities, supported by solid infrastructure including 5G coverage. The discrepancy in recorded configurations is a critical focal point; verification that the current four-bedroom, two-bathroom layout is lawful and permanent fundamentally alters the property’s utility and market appeal compared to the one-bedroom record. Proceed with a disciplined due diligence process that immediately resolves the bedroom and bathroom count through a council records search, as an unapproved configuration represents a material financial and legal risk that could affect financing and insurance. The provided sales listing range appears ambitious against both automated valuations and nearby comparable sales, indicating potential vendor expectation exceeding current market evidence. A strategic acquisition below the lower end of the advertised range would account for this discrepancy and the due diligence burden. For a verified four-bedroom house on this land parcel, the property warrants a hold strategy for capital growth driven by its land component, functioning as a primary coastal residence or a periodic rental investment given the established rental demand.