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311/226 Bay Road

Sandringham, VIC 3191, Australia
$660,000
2 bed 2 bath 2 car

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Area Price Guide
$620,400$699,600

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🏘️
75
Comparable
📊
$775,000
Area median
⚖️
-15%
vs median
🗓️
5 days ago
Listed

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About this property

Positioned within the architect-designed Reserve Building of the Sandy Hill complex, this spacious two-bedroom apartment combines generous proportions, quality finishes and an outstanding Bayside lifestyle. Designed for effortless living, the home features a light-filled open plan living and dining zone centred around a well-appointed kitchen complete with stone benchtops, excellent storage and quality appliances. Floor-to-ceiling glazing floods the living area with natural light, while sliding doors connect seamlessly to a private balcony, creating the perfect space to relax or entertain. Accommodation comprises two oversized bedrooms with built-in robes, including a main bedroom with its own private ensuite. A sophisticated central bathroom, separate laundry facilities and extensive storage throughout further enhance the home's practical appeal. Additional features include secure entry, video intercom, two secure car spaces and a generously sized private storage cage. Currently leased to an excellent long-term tenant at approximately $3,150 per month until April 2027, the property presents an attractive opportunity for investors seeking immediate rental income, while also offering future lifestyle appeal for owner-occupiers. Residents of the Reserve enjoy exclusive access to an impressive suite of resort-style facilities including heated swimming pools, spa, sauna, gymnasium and beautifully maintained communal spaces. The broader Sandy Hill community also features a licensed café and IGA supermarket, adding another layer of convenience to this sought-after lifestyle address. Located moments from Sandringham Village, Southland Shopping Centre, transport options, beautiful Bayside beaches and some of Melbourne's most prestigious golf courses, this is an exceptional opportunity for owner-occupiers, downsizers and investors alike to secure a premium Bayside address. For more information, please contact Jake Mabey on 0416 147 767 from Barry Plant today. ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property Features

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    Repayment calculator

    $3,200/month
    $1,600 /fortnight
    Loan $528,000 at 6.10% over 30 years

    Upfront costs

    Deposit$132,000
    Stamp duty$34,670
    Conveyancing (est.)$2,000
    Total upfront$168,670
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Listed
    5 days ago

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