20/97 Broadway, Bonbeach VIC 3196

2 bed villa in established complex | 212m² lot offers low-maintenance appeal | Suits downsizers or investors | Recent comps $690k-$720k|This two-bedroom villa on a 212sqm lot suits downsizers or first home buyers seeking straightforward bayside living with single-level ease. Positioned within a longstanding complex on Broadway, it delivers practical villa living amid similar units that have traded steadily over recent years. The modest lot size supports easy upkeep without the demands of larger homes, aligning with buyers prioritising convenience over expansion. In this tightly held building, where two-bedroom peers have fetched up to $690k in mid-2024, it slots into a pattern of reliable mid-six-figure performance. Local investors eye these for rental yields around $500 weekly, given the 5G coverage and NBN access enhancing tenant draw. Families drawn to nearby Chelsea Primary and Patterson River Secondary often consider such spots for overflow housing or starter bases. Free of overlays, the residential zoning underpins holding value, as strata stability in the complex avoids common pitfalls. Amid Bonbeach’s unit-heavy streetscape, its single car space meets everyday needs without excess. Long-term, the bayside proximity sustains quiet demand from retirees content to lock in position here.