22 Lyons Street, Port Melbourne VIC 3207

Renovated Victorian terrace | compact 152sqm block | Edward’s Park Precinct | architect-designed interior | tight inner-bayside stock. This property occupies a rare position in Port Melbourne’s tightly held period housing market. The combination of a fully renovated Victorian shell, three bedrooms, and a 152sqm block with architect design offers a competitive edge for buyers seeking turnkey character living without compromise on modern finishes. The Edward’s Park Precinct location anchors strong owner-occupier demand, making this most suitable for downsizers or professionals wanting low-maintenance prestige in an established streetscape. The compact land size is a deliberate advantage here, lowering entry cost while preserving heritage appeal. The primary risk is the limited land area, which constrains future extension or subdivision potential, making this primarily a lifestyle hold rather than a development play. Buyers should inspect for any structural compromises from the renovation and confirm council heritage overlays. The FTTP NBN connection adds passive value for remote workers. The price guide aligns with automated valuation signals, suggesting fair market positioning. Hold this property as a long-term owner-occupied residence to capitalise on the scarcity of renovated period homes in this precinct.