5/1485 Point Nepean Road, Rosebud VIC 3939

An unparalleled opportunity awaits with this fully renovated coastal haven, offering not one but two beautifully appointed residences on a sun-soaked 219sqm (approx.) block - just metres from the sparkling waters of Port Phillip Bay.

Beyond its striking façade, the main two-bedroom residence, 'Casa Grandi' exudes modern sophistication. A sunlit open-plan living, dining and kitchen zone is framed by sheer curtains and timber floors, while the sleek kitchen boasts rich walnut-toned joinery, a deep green feature splash back, stone benchtops and quality appliances. The designer bathroom dazzles with its terrazzo-style flooring, emerald tiling and walk-in rainfall shower — a spa-like retreat after days by the bay.

Privately set to the rear, the self-contained bungalow, 'Piccolo', offers supreme versatility as a rental, guest retreat or work-from-home studio - elevating the combined income potential to approximately $810 per week and delivering an impressive 5% rental return, a rarity in today's residential property market.

Outdoor spaces have been designed for relaxed coastal living, with landscaped native gardens, an outdoor shower, built-in timber seating, and a secure single garage with integrated laundry. Low body corporate fees ensure effortless ownership and outstanding returns.

Moments from Hobson Café, Rosebud Plaza, Rosebud Hospital and the beach, this property presents a rare chance to secure a high-yield investment or stylish dual-living base in one of the Peninsula's most coveted pockets.

With all the hard work done, simply move in, lease out, and reap the rewards. Opportunities of this caliber are once-in-a-blue-moon — don't miss it.