23 Bonanza Road Beaumaris VIC 3193

Single-level family home | 592m² block with bay proximity | 4 beds plus study | no overlays | solid rental demand This property presents a competitively strong, single-level family home on a sizeable block in an iconic bayside location, a configuration increasingly rare in this market. Its lack of bushfire or heritage overlays simplifies due diligence, while the home office and traditional dual-zone layout directly serve families or professionals seeking space and light. The estimated rental yield indicates reliable demand, positioning it well for either owner-occupiers or long-term investors seeking stable tenancy. The primary decision point is reconciling the record inconsistencies around past renovations; a building inspection is non-negotiable to verify the quality and compliance of the expansion from its original 1979 build. The mid-range price for its size and the absence of coastal risk overlays in the data present a clear opportunity, but you must independently assess potential salt-air maintenance costs. Proceed with an offer strategy anchored by a contemporary valuation, as the historical data is contradictory. Our property report would pressure-test the listed price against recent Bonanza Road sales and clarify locality-specific insurance premiums.