1/11 Pertobe Lane, Warrnambool VIC 3280

2021 build | recycled brick character | 838sqm in tight South Warrnamboool pocket | walking distance to Lake Pertobe and golf club The property’s primary buying case rests on its scarcity: a near-new five-bedroom house on an 838-square-metre lot in a tightly held coastal pocket where land alone commands high seven figures. The recycled brickwork and boutique builder finish give it a design edge over standard spec homes in the area, which matters for resale differentiation. It serves large families or multi-generational buyers who want space without sacrificing proximity to Lake Pertobe, Lady Bay, and the golf club,amenities that underpin long-term demand in South Warrnambool. The key risk is the absence of a clear price guide or comparable sales, meaning the buyer carries valuation uncertainty and may pay a premium for the new-build premium. The neighbouring lot at 11 Pertobe Lane, marketed for development, suggests future density potential that could alter the street’s character. The opportunity lies in negotiating during the current listing period,seven days on market is still early,and securing a property that combines land size with modern finishes in a supply-constrained location. Hold for family use or hold for five-plus years; the land component is the real store of value here.