6 Rothesay Avenue, Mornington VIC 3931

Bespoke renovated home | blue-chip coastal locale | large 1,215m² lot | tightly held street This property presents a compelling proposition due to its combination of a substantial, rare landholding in a premier elevated position and a high-quality, recent renovation. The large block bordering the golf course in a tightly held beachside enclave is a scarce asset, while the builder’s own bespoke fit-out removes immediate capital risk and delivers a turnkey product. This serves the buyer seeking a permanent coastal residence with premium finishes and immediate livability, capitalising on both land value and superior construction. The primary decision rests on reconciling the premium for the renovation against the underlying land value, with the recent 2022 sale providing a clear baseline. The opportunity lies in securing a character home in a supply-constrained locale where future value will be driven by the land parcel and position as much as the dwelling. Proceed if the price aligns with premium, renovated homes on similar-sized lots, as this property is best held long-term to realise the full benefit of its irreplaceable attributes.