1B Alexander Cres, Point Lonsdale VIC 3225

New 2017 townhouse | Ground-floor master suite | Hydronic heating & solar | Near golf course & beach This property presents a competitively modern and low-maintenance offering in a sought-after coastal location. Its 2017 construction delivers contemporary energy efficiency and finishes, with hydronic heating and solar panels reducing occupancy costs. The ground-floor master suite is a functional advantage, differentiating it from typical townhouse layouts and appealing to downsizers or those seeking single-level living within a multi-storey property. Its position, a short walk to both the beach and a golf course, secures a premium lifestyle position that underpins long-term demand. The primary compromise is its smaller land holding relative to neighbouring houses, which may limit capital growth compared to larger plots in the same street. The price point reflects this newer, turn-key product, leaving less scope for value addition compared to a renovation opportunity. For a buyer, this property is best acquired as a permanent or secondary residence to utilise its lifestyle attributes, not as a development prospect. Proceed if the convenience and quality of the built form justify the land trade-off. Recent sales on Alexander Crescent show a wide spectrum, highlighting this property’s specific niche: – 30 Alexander Cres: 3 bed, 1 bath on 784m² land, sold (price undisclosed). – 1 Alexander Cres: 5 bed, 3 bath on 808m², last sold at $1,020,000 (historical). – 3 Alexander Cres: 5 bed, 3 bath listed at $2.4m-$2.64m. This context confirms the subject townhouse occupies a different, lower-maintenance segment. Its 2017 sale at $850,000 and current estimated value near $1.38m indicate substantial appreciation, though the premium asking price now demands a buyer who specifically values its modern, lock-and-leave configuration over land area.