117/220 Bay Road, Sandringham VIC 3191

Ground-floor unit | vast wrap-around terrace | 2.34ha complex grounds | Sandringham locale | 2022 resale This ground-floor unit presents a rare proposition, combining the low-maintenance appeal of a unit with the spatial experience of a house, primarily through its vast, leafy terrace and access to expansive communal grounds. Its timeless design and light-filled interiors serve a buyer seeking a lock-and-leave lifestyle without sacrificing a connection to green space, positioning it well for downsizers or professionals in Bayside. The decision hinges on strata due diligence, as the significant lot size implies substantial communal upkeep costs that will directly impact holding costs. The premium for the terrace and ground-floor position is justified, but you must verify the financial health of the owners corporation. Proceed with an offer conditional on a satisfactory strata report, as this unit is best held as a long-term lifestyle purchase rather than a short-term investment vehicle.