23 Ash Avenue, Sandy Point VIC 3959

2-bed house on 534m² lot | 4 car spaces & secure parking | successful short-term rental | walk to beach & surf club | bushfire & flood overlays This property presents a strong case as a low-maintenance coastal house with immediate income potential. Its substantial land parcel, at 534 square metres with only 25% building coverage, offers rare expansion capacity in a beachside location. The established short-term rental operation with high occupancy provides a turnkey investment, while the four car spaces and fully fenced yard support both rental appeal and personal use. This configuration best serves an investor-buyer seeking cash flow or an owner-occupant planning future use of the land. Proceed with the clear understanding that bushfire and flood planning overlays impose specific development constraints and likely increase insurance costs. The commercial logic is in acquiring an income-generating property in a high-amenity location where the land itself provides long-term value. The judgment call is to hold it as a revenue-producing short-term rental while assessing the feasibility of a future secondary dwelling or expansion, leveraging the significant unused land. A comparable property at 21 Ash Avenue is listed at $675,000. This listing at $815,000 commands a premium, justified by its documented high-performing short-term rental business, larger land size, and superior parking provision. The price reflects payment for an operational income stream and development optionality.