78 Woolamai Beach Road, Cape Woolamai VIC 3925

3-bed coastal house | 509sqm block | 33% site coverage | solar panels | bushfire overlay This property offers a rare combination of a compact, efficient house on a generous block with low site coverage, allowing for future expansion or landscaping. The solar panels and strong connectivity add practical value. It is best suited for a buyer seeking a low-maintenance coastal home with room to adapt, or an investor targeting a solid rental yield in a sought-after Phillip Island location. The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting some renovations. However, the absence of flood or heritage overlays simplifies ownership. The current listing range sits below some market estimates, suggesting potential value if negotiated firmly. This property should be held as a long-term coastal retreat or rental, with the land holding the primary upside.