7/4-6 Banyan Street, Warrnambool VIC 3280

2-bedroom unit | central Warrnbool location | successful holiday rental history | low-maintenance living This apartment offers a rare combination of walk-to-everything positioning and proven short-term rental performance, which is uncommon for a two-bedroom unit in this price bracket. The location near cafes, the gallery, and the lake gives it a lifestyle edge that appeals to both owner-occupiers downsizing from larger houses and investors targeting the holiday market. The single garage and terrace access are practical features that support consistent rental demand without adding complexity. The main risk here is the absence of recent comparable sales data given the 2009 purchase history, which makes precise valuation difficult and the $660,000 estimate may be aspirational. Buyers should verify body corporate fees and any restrictions on short-term letting, as these could affect yield. The opportunity lies in the unit’s established rental track record and central position, which together provide a buffer against softer market conditions and support capital growth over time.