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51 Hayes Avenue, Rosebud VIC 3939

$695,000 - $740,000

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$695k - $730k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 775 m² 106 m²

Listed: 11 days ago

Updated: 9 days ago

Overview

Situated in the highly sought-after Mornington Peninsula locale of Rosebud, this property offers a unique combination of established living and promising development potential. The existing beach-style residence, set on a substantial 775 sqm allotment, caters to lifestyle buyers and investors alike with its three bedrooms, functional bathroom, kitchen, separate laundry, and a spacious living area that opens to a generous backyard.

This home not only provides a comfortable coastal retreat but also presents an exciting prospect for dual occupancy. Plans and permits are already secured for a second dwelling comprising three bedrooms and two bathrooms, giving the property strong appeal for those looking to develop or expand their investment portfolio, pending council approval.

The expansive outdoor space invites a range of possibilities, from family-focused gardens to additional structures, all within easy reach of the local foreshore, shopping precincts, schools, and parks. The location offers convenient freeway access, facilitating swift travel to Melbourne and surrounding areas.

This property is well suited for buyers seeking a versatile home with scope to add considerable value, whether through renovation, development or as a holiday escape. The combination of beachside lifestyle amenities and development potential make it a compelling opportunity on the peninsula.

Local Market Insights

In Rosebud, Quiet Listings observed 45 new houses entering the market over the last 30 days, up from 42 during the previous 30-day period, with an average advertised asking price of $990,863. The property type mix of listed properties is predominantly Houses at 75%, followed by townhouses (8%), and land (7%). The most active agency for houses in the Rosebud area is currently Ray White, representing 33% of new listings, followed by Belle Property with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.