88/249 High Street, Hastings VIC 3915

2-bedroom villa in pet-friendly over-50s village | rare enclosed backyard in retirement setting | north-facing open plan with vaulted ceilings | low-maintenance with recent bathroom and paint updates This property occupies a specific niche: a retirement villa that offers a genuinely private, enclosed backyard—rare in village settings. The north-facing open plan with vaulted ceilings and modern kitchen creates a light, spacious interior that competes well against newer units. For a buyer seeking pet-friendly downsizing with outdoor space, this configuration is a clear advantage. The recent renovations reduce immediate capital outlay, and the single-level layout with security features suits aging-in-place priorities. It serves best the active over-55 buyer who wants a lock-and-leave home but refuses to sacrifice a garden. The primary risk is the leasehold or license structure typical of retirement villages, which can limit capital growth and impose exit fees—these costs must be fully understood before proceeding. The property’s position within Peninsula Parklands offers quiet community living but lacks proximity to Hastings’ retail core, making a car essential. Opportunity lies in the low entry price relative to freestanding homes in the area, and the rare garden may command a premium among discerning buyers. Hold this property as a lifestyle choice, not an investment; its value is in the quality of daily living, not resale arbitrage.