Inspections
Inspections
Rare 971sqm Gem with River & Beach Views – Endless Potential Awaits in Sought-After Ocean Grove
This prime Ocean Grove gem offers a rare chance to develop, renovate, or build your ultimate coastal lifestyle retreat. Perched high on the hill and tucked behind lush, mature foliage for privacy, this three-bedroom renovator's delight is brimming with potential in one of the Bellarine Peninsula's most coveted locations.
The elevated slope delivers breathtaking panoramic views across the river and towards the beach—imagine waking to sunrise over the water from your future upper-level living spaces. The existing classic beach shack features a split-level living area, central bathroom, and three well-proportioned bedrooms. A generous wrap-around balcony invites relaxation while soaking in the outlook, creating the perfect spot for morning coffee or evening sunsets.
Spanning a generous 971 sqm allotment, the block holds exciting possibilities (STCA). Subdivide into two prime sites for investment upside, transform the current home into a stylish masterpiece, or demolish and design your dream forever residence with multi-level views. A handy lock-up garage and storage area sit beneath, adding everyday convenience.
Positioned directly across from the Ocean Grove Bowling Club, the flat walk to the beach or river is effortless, while the vibrant main street is just a leisurely stroll away. Local schools, the library, and recreational facilities are all within easy walking distance—ideal for families, downsizers, or savvy investors.
Currently leased to long-term tenants, it provides immediate rental income while you plan your vision. Whether you're eyeing a rewarding renovation, holiday letting potential, or a complete new build to capture those enviable views, this rarely available opportunity won't last long in thriving Ocean Grove.
Don't miss your chance to secure this versatile coastal canvas—endless possibilities await!
Disclaimer: All information provided by Hodges Bellarine is supplied in good faith and believed to be accurate at the time of publication. All dimensions and details are approximate. Prospective purchasers should conduct their own due diligence and verify all information before making any decisions. Hodges Bellarine accepts no liability for reliance on this information.
- SHARE
