178 Princes Street, Port Melbourne VIC 3207

House in prime Port Melbourne | Conflicting bedroom counts | Townhouse-style layout | Large internal area | Domain estimate near $3m This property presents a compelling, high-value house in a tightly held Port Melbourne location, a rarity that attracts both affluent owner-occupiers and investors seeking capital growth. Its significant internal area, quoted as approximately 325 square metres, offers substantial living space uncommon for the suburb, positioning it for families or those requiring premium scale. The discrepancy in reported bedroom and bathroom counts, however, signals a need for immediate verification, as this directly impacts utility and valuation. Proceed only after reconciling the property’s true configuration through a physical inspection and council records, as an overestimation of bedrooms constitutes a material financial risk. The townhouse-style description suggests potential strata considerations, demanding due diligence on title and owners corporation fees. Its value is anchored in its land component and internal volume within a high-demand suburb; it is best acquired as a long-term hold to leverage Port Melbourne’s enduring appeal, not for short-term speculation.