This property steals prime position no more than 250 metres from the boating, swimming and fishing heaven of the Pumicestone Passage and the waterfront walking tracks that run its length. The front door is also just a few steps from the local deli/cafe, the supermarket, first-rate restaurants, beauty salons and medical facilities.

An enviable investment opportunity, the tidy, trendy beach shack promises strong rental returns immediately but the level 610m2 allotment with a rare oversized street frontage is also the perfect spot to build a contemporary beachside castle.

Pretty as a picture from the outside with its surf-and-sand colour palette the home conjures memories of the seaside holidays of yesteryear. Inside also, it is easy to recall childhood scenes of beachy bliss, with large windows welcoming reams of sunshine.

Open plan living areas at the front of the home make relaxation the focus while he three bedrooms secure more private positions, overlooking the large backyard. Mirrored wardrobes are allocated to the master suite and directly opposite sits a large storeroom that could serve as a study. Modern convenience has crept into the kitchen with its glossy bench-space and a commercial-sized cold room, the fresh and fashionable main bathroom the new three-vehicle carport but this property seems to sit squarely in another world – one where a beachside home didn’t need to break the bank.

Because despite all the sentimental seaside memories that seem to cling to this address, the decision to invest here is anything but nostalgic – on such a spacious allotment just two streets from the beach, its the sort of bargain beachside buy that brings the modern real estate market to its knees.