124 Glaneuse Road, Point Lonsdale VIC 3225

124 Glaneuse Road, Point Lonsdale VIC 3225
Beachside renovation in Old Lonnie | north-facing privacy | premium coastal retreat | strong Bellarine market The property’s competitive strength lies in its rare north-facing orientation within the historic “Old Lonnie” precinct, where coastal Tea-tree and Moonah surrounds deliver genuine privacy while preserving sea sounds and salt air. The renovation is not cosmetic but structural in appeal: the motorised louvred alfresco roof with integrated surround sound and outdoor shower transforms the deck into a year-round entertaining space, which is uncommon for a 529mยฒ holding in this tightly held beachside pocket. The Ilve kitchen and gas log fire signal a finish that competes with new builds, making this house suitable for a seachange buyer seeking immediate lifestyle without compromise, or a holiday-home investor targeting premium short-term rental yields in a market where supply is constrained. The primary risk is valuation divergence across platforms, ranging from $1.36m to $1.78m, which suggests the listing range may sit above recent comparable salesโ€”buyers should verify the Statement of Information and recent settled transactions in Old Lonnie before engaging. The single garage with workshop is functional but limited for multi-car households, and the absence of open inspection times may indicate a campaign designed for selective negotiation rather than broad competition. The opportunity is to secure a property that requires no further capital outlay for at least five years, with solar panels reducing holding costs. Hold as a primary residence to capture lifestyle premium, or use as a managed holiday let with the deck and location commanding top nightly rates in the Bellarine market.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 124 Glaneuse Road, Point Lonsdale VIC 3225
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Market Insight:

Point Lonsdale is a mature coastal enclave positioned for lifestyle, driven by retirees and downsizers seeking permanent sea-change properties. Demand is sustained by its Bellarine Peninsula location, though recent price trends have softened with some declines observed. Future growth relies on continued appeal to this demographic, yet the market faces constraints from limited supply and affordability pressures, with investor returns tempered by modest yields.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

529mยฒ

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