2/33 Mackay Street, Rochester VIC 3561

renovated villa | flood overlay | school-zoned | low-maintenance | regional centre The property presents a well-executed renovation in a prime Rochester location, offering a low-maintenance floor plan that suits first-home buyers, downsizers, and investors alike. The 284m² parcel is manageable, and the unit’s configuration avoids common compromises in this segment—both bedrooms are of functional size, and the private courtyard extends liveability. Its zoning for Rochester Primary and Secondary College adds demographic depth, supporting both owner-occupier and rental demand. The February 2025 sale of a comparable unit nearby confirms pricing discipline, and the asking price sits within the estimated value range, suggesting no premium is being paid for the refurbishment. The flood overlay is the primary due diligence item; while it does not confirm inundation risk, it may affect insurance premiums and lender appetite, and should be investigated through title searches and a property inspection. There is no bushfire or heritage overlay, and NBN connectivity is adequate. As a villa, body corporate obligations may apply, so the buyer should confirm the title structure and any shared costs. For an investor, the rental estimate of $440 per week against the asking price yields a gross return near 5.7%, which is competitive for the region. The property is not suited to families needing more space, but for its target buyer, it offers a sound, low-risk entry into a stable regional market.