48 Fenwick Street, Portarlington VIC 3223

4 bed | 1105sqm block | coastal Portarlington | grand period residence | rare landholding This property’s primary competitive advantage is its 1,105sqm block, a rare landholding in a coastal town where character homes on such scale are infrequent. The grand residence with period features provides a strong lifestyle and renovation proposition, appealing to families seeking generous indoor-outdoor space or buyers with an eye on long-term land value. The consistent four-bedroom, two-bathroom configuration aligns with family demand in the Bellarine Peninsula market. The principal risk is the lack of recent sales data; the 2014 transaction is too distant to inform current pricing, and renovation history is unknown, requiring a thorough building inspection. Opportunities lie in the land’s potential for future subdivision or redevelopment, given the block size, though zoning must be verified. This property should be held for its land value appreciation or renovated for immediate coastal living.