1/58 Santa Monica Boulevard, Point Lonsdale VIC 3225

Three-bed unit | two secure car spaces | tight Point Lonsdale market | low-maintenance hold This unit offers a rare configuration in a coastal market where parking is often constrained, two car spaces being a material advantage for both owner-occupiers and investors. The low-maintenance nature of the property directly suits downsizers seeking a seaside lock-and-leave lifestyle, while its positioning in a tightly held suburb with strong demand from holiday buyers and retirees underpins its competitive appeal. The location on Santa Monica Boulevard provides proximity to beaches and local amenities, reinforcing the property’s suitability as a secure coastal foothold for those wanting exposure to this market. The single bathroom represents a functional limitation for families or shared holiday use, potentially narrowing the buyer pool. The discrepancy between the automated estimate and the higher marketed price suggests the seller’s expectations are ambitious relative to current value benchmarks, meaning negotiation may require patience. A key opportunity lies in its potential for holiday accommodation use, given Point Lonsdale’s visitor demand, which could support yield if rented short-term. Treat this property as a long-term coastal hold rather than a value play—its strength is in configuration and location, not discount.