226 Great Ocean Road, Anglesea VIC 3230

Setback coastal block | three bedrooms one bath | private from Great Ocean Road | strong lifestyle demand The property’s competitive strength lies in its generous 842 m² block on a premier coastal road, where larger land parcels are increasingly rare and sought after. The setback positioning mitigates road exposure, a common drawback of Great Ocean Road addresses, and reinforces its appeal as a private coastal retreat. This configuration best suits owner-occupiers seeking lifestyle value or buyers with renovation or redevelopment intent, given the single bathroom limits immediate family use but the land offers upside. The primary risk is the dated single-bathroom layout, which narrows buyer pool to those willing to invest in upgrades, costing time and capital. However, the land component provides commercial logic for a future subdivision or extension, capitalising on Anglesea’s tight supply. The property should be held as a long-term coastal holding, with renovation to improve livability or a staged redevelopment to unlock land value.