41 Sixth Avenue, Rosebud VIC 3939

2 bed beachside site | 391m² lot | 1960s build | Approved DA for 3 bed reno |350m from surf & shops. This two-bedroom house on a 391sqm block suits downsizers, renovators or investors eyeing coastal redevelopment potential. The modest land holding and original 1960s construction deliver straightforward residential utility today, while approved plans unlock scope for a larger modern home amid stable bayside zoning. Sitting just 350 metres from the beach and Point Nepean Road’s daily conveniences, it occupies a walkable street position that amplifies everyday practicality without the premium of front-row pricing. Properties of this footprint and era here typically draw first-home renovators or sea-changers comfortable with hands-on projects, given the current dwelling’s uninhabitable state. Similar small-lot houses nearby have shown steady capital traction, buoyed by the suburb’s 6.5% annual growth and reliable rental yields around 3.5%. Its residential zoning, absent overlays and proximity to local schools like Rosebud Primary position it as a low-risk hold for future family use or income. The site’s 42% building coverage leaves room for compliant expansion, enhancing long-term versatility in a market favouring adaptable coastal assets. Reliable NBN and 5G coverage further supports its appeal for remote workers or holiday lets. Overall, this parcel’s locational edge and permitted upgrades confer enduring value in Rosebud’s tightening supply.