4/5-7 Gwynne Avenue, Lorne, VIC

Perfectly positioned just 100 metres from the Erskine River, the Swing Bridge and beach. This immaculately presented, low-maintenance townhouse offers a rare opportunity to enjoy the very best of coastal living-complete with breathtaking ocean views and an immediate income stream. Set on approximately 450sqm and one of only four in a tightly held beachside complex, the home unfolds over three spacious levels, designed to embrace light, space, and the spectacular coastal outlook. The upper level is the heart of the home, where an open-plan kitchen, dining and living zone is framed by floor-to-ceiling glass, opening onto a sun-drenched deck with panoramic views stretching across Lorne's coastline, township and iconic pier. The stylish kitchen features a large butler's pantry, ideal for both entertaining and everyday living. The middle level includes the spacious master suite with ensuite, while the lower level offers two additional bedrooms, a central bathroom, and a flexible second living area or optional fourth bedroom that opens to a private outdoor deck with landscaped gardens and fully fenced. Designed for ease and flexibility, the layout caters beautifully to permanent living, holidays, or shared accommodation. What truly sets this property apart is the inclusion of a fully self-contained, separately metered studio/bedsitter with its own private entrance. Currently tenanted at $300 per week, it provides a consistent rental income or could serve as a guest suite, home office or retreat. This property's appeal lies not only in its stunning position and ocean views but in its versatility and strong investment potential. Whether you're seeking a permanent residence, an idyllic holiday home, or a smart dual-income investment, this is a rare and tightly held offering in one of Lorne's most enviable locations. Walk to the beach, river, cafes and restaurants-all while enjoying the ease of low-maintenance living in a space designed to make the most of its unbeatable setting.