28 Bluff Road, St Leonards VIC 3223

Beachfront bluff position | 1012sqm full lot | elevator to first floor | premium bay-view finishes | rare scale in St Leonards This property offers a genuinely rare configuration for the Bellarine: a full 1012sqm beachfront lot with a house that uses the entire site. The elevator to first floor and high-end finishes signal a build quality aimed at downsizers or second-home buyers who want single-level living with outlook. For a buyer, the key edge is the lot size and position , most beachfront houses in St Leonards sit on smaller parcels or share driveways. This one stands alone, which supports both privacy and future value retention. It will suit a buyer seeking a lock-and-leave coastal home with immediate amenity, not a renovation project. The risk is price paid relative to the local ceiling. At $2.3m the property sits at the top of the St Leonards market, where demand is thinner and resale windows longer. The older demographic profile in the area means turnover is slower for premium stock. However the beachfront address and full-site ownership create a scarcity buffer that most comparables lack. The buyer should hold this as a lifestyle property with capital preservation logic , it will not trade frequently, but it will hold its position in the market better than inland houses at the same price point.