7 Tennyson Street, Sandringham VIC 3191

Lift-served bay-side living | Northern aspect 4-bedroom | Triple garage with lane access | Family or downsizer configuration This property presents a rare combination of accessibility and coastal proximity. The private lift, spanning three levels, removes a key barrier for buyers who might otherwise avoid multi-storey homes—particularly downsizers or those planning for ageing in place. The northern orientation and 44% building coverage suggest generous outdoor space and natural light, which are competitive advantages in a 440m² lot. The triple garage with laneway access to Beach Road adds practical utility for families with multiple vehicles or beach gear. Positioned within walking distance to the bay, train station, and zoned schools, this house suits buyers prioritising lifestyle convenience without sacrificing internal amenity. The two living zones plus retreat offer flexibility for home office or separate children’s zones. The primary risk is the -1.5% annual suburb growth, which may temper short-term capital gains. Buyers should not rely on rapid appreciation; the value here is in utility and livability rather than speculative upside. The hydronic heating and split-system cooling are functional but not premium—future buyers may expect updated climate systems. The 3.8% rental yield suggests modest income potential if leasing, though the $2,400 weekly rent indicates strong demand for this configuration. For an owner-occupier, the property holds its value through scarcity of accessible, bay-side homes with garaging. Hold for lifestyle, not flipping.