1A The Mount Drive San Remo VIC 3925

Elevated coastal positioning with panoramic views across Phillip Island | Rare 689m² lot with generous 325m² building footprint | Three-car accommodation plus rumpus and workshop | Strong family or dual-living configuration This property offers a competitive edge through its combination of elevated outlook, substantial land area, and unusually large building footprint for the San Remo market. The 325m² floorplan with three bathrooms, rumpus room, and workshop provides genuine flexibility for a family requiring separation of spaces or potential for an independent living arrangement. The absence of bushfire, flood, or heritage overlays reduces due diligence burden and broadens the buyer pool on resale. This house best suits a buyer prioritising long-term coastal living with room to grow, or those seeking a property with configuration appeal for future sale. The primary risk is the building age and condition, which is not disclosed in available data and may require immediate capital outlay for structural or systems upgrades. The NBN connection is Fibre to the Node, not fibre to the premises, which may limit high-bandwidth work-from-home capability without additional cost. The property has been on market only two days, indicating limited price discovery and potential for a vendor with firm expectations. A pre-purchase building and pest inspection is non-negotiable. If condition is sound, hold for lifestyle use; if needing renovation, budget for upgrades and plan to hold at least five years to recover costs through capital growth.