10 Gerald Street, Tyabb VIC 3913

4-bed renovated house | 734m² dual-access block | subdivision potential STCA | near schools and coast This property presents a rare combination of a fully renovated house on a 734m² lot with dual street access, offering immediate lifestyle appeal and a clear pathway to value-add through subdivision or additional parking. The recent renovation removes the need for capital outlay, while the block size and zoning for Tyabb Station Primary School and Somerville Secondary College position it well for families or investors seeking a hold-and-develop strategy. The 37% building coverage leaves meaningful land capacity, and the absence of bushfire, flood, or heritage overlays reduces regulatory friction. The primary risk is the configuration ambiguity—listed as both 3-bedroom and 4-bedroom—which may create valuation uncertainty for lenders or future buyers. The 1-car carport is undersized for a family property, though the dual access mitigates this for larger vehicles. The opportunity lies in pursuing subdivision (STCA) to unlock latent land value, or holding for rental yield given the $570 median rent estimate. Use this property as a renovated hold with a medium-term subdivision exit.