73 Bass Meadows Boulevard, St Andrews Beach VIC 3941

St Andrews Beach | 3 bed, 2 bath | separate living zones | renovated kitchen | bushfire overlay This property presents a competitively strong offering within its price segment, primarily due to its modernised interior and flexible floorplan. The complete renovation, featuring engineered oak floors and premium kitchen appliances, positions this house above typical stock in the area, eliminating immediate capital expenditure for a buyer. The configuration of two completely separate living rooms, combined with the potential to convert the double garage into a studio, creates rare versatility, serving equally well a growing family seeking space and an investor targeting the premium rental market evidenced by the confident weekly estimate. Its setting on a substantial, level block with established gardens offers further utility for outdoor living or future expansion, aligning with sustained buyer demand for ready-to-occupy homes with scope. The decision hinges on acknowledging specific risk mechanisms, principally the Bushfire Overlay which imposes construction constraints and may incur ongoing compliance costs, though the absence of flood or heritage overlays simplifies the risk profile. The commercial opportunity lies in acquiring a recently updated property in a street demonstrating clear value progression, where newer listings command significantly higher prices. Given the reliable rental estimate and the property’s appeal to both owner-occupiers and tenants, it is judged a sound holding for a medium-term buy-and-occupy strategy with inherent investment flexibility, rather than a short-term speculative play. * **213-217 Bass Meadows Bvd:** Listed at $1,650,000 (no sale confirmed). * **37 Bass Meadows Bvd:** Estimated $950,000-$1,000,000 (4 bed, 1 bath, 927m²). * **208 Bass Meadows Bvd:** Priced $2,900,000-$3,100,000 (4 bed, 2 bath, 1549m²). * **70-74 Bass Meadows Bvd:** Estimated value $1.42 million. * **20 Bass Meadows Bvd:** Estimated value $1.38 million (4 bed, 2 bath). This comparables data confirms a steep value gradient on the street, where this subject property’s asking range sits logically below larger, premium offerings but well above older, less-appointed homes, justifying its price point for a renovated three-bedroom house.