76 Kirk Road, Point Lonsdale VIC 3225

Elevated ridge position | Heritage overlay | Two-storey coastal design | Glimpses of lighthouse | 681m² lot This property presents a competitively strong offering due to its elevated position on the crest of Kirk Road, which provides sunlight-bathed living areas and tree-top balcony views toward the lighthouse—a rarity in the coastal market. The two-storey layout with ground-floor bedrooms and upper-level living capitalizes on the aspect, while the 681m² lot with a 30% building coverage offers space uncommon in tighter coastal precincts. It best serves a buyer seeking a permanent or holiday home where aspect and a sense of space are prioritized over yield, given its heritage overlay constrains external alterations but preserves neighbourhood character. The primary risk mechanism is the heritage overlay, which imposes costs through council approvals for any significant external modification, potentially limiting future expansion. The estimated gross rental yield of approximately 1.8% reflects the premium for lifestyle over investment income. The opportunity lies in securing a positioned property in a tightly held location, close to village and beach, where future capital growth is tied to land value and scarcity. Acquire for long-term hold as a coastal residence, not as a short-term investment asset.