First Impression
Small beach shack with huge opportunity at a price that is the cheapest on the market in Portsea. Yes it is at the wrong end of the street but it is a great street with some $4M houses in it. The old saying worst house in the best street applies here. First home buyers could easily afford to get into the market here and will suit a family with young children nicely. Alternatively you could get a nice return on airbnb and use it as a holiday house. Retirees willing to build could knock this down and be left with a new home on a manageable sized block.
Things we love
- Land value with bonus beach shack
- Fringe A-grade location
- Use as shortstay or demolish and build new
Things to consider
- Bit of a walk to beach and shops
- Smallish land parcel
- South east orientation