5/1485 Point Nepean Rd, Rosebud is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 220m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Rosebud in the last 12 months.
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 faade, 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 Caf, 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.
The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2016 was 13195 people. By 2021 the population was 14381 showing a population growth of 9.0% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation.In 2021, 69.60% of the homes in Rosebud were owner-occupied compared with 67.90% in 2016.
Rosebud has 11,040 properties. Over the last 5 years, Houses in Rosebud have seen a 7.91% increase in median value, while Units have seen a 15.55% increase. As at 30 April 2026:
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