Ocean Grove 126 The Parade

This 815sqm (approx.) property is located within Ocean Grove's residential growth zone, meaning it represents an exceptional development opportunity right in the heart of town. There's potential to construct multiple storey homes (STCA), with the potential to capture highly sought after sea views from the upper levels. The existing original brick dwelling is in excellent condition and has been well cared for by its previous owners. It comes with a detached oversized double garage with workshop, and plenty of off-street parking. Established, low-maintenance gardens surround the home, creating a peaceful atmosphere and privacy from the street.

Entrance is via a quaint portico, into the north-facing, circular-flowing lounge, dining and kitchen space. With hardwood timber floors, a sizeable walk-in pantry, retro St George grillmaster oven and Simpson dishwasher, the kitchen is both practical and spacious. The three bedrooms positioned to the east are well-sized; one has in-built storage, another overlooks the front garden. The large main bathroom includes a bath, shower, vanity and WC in neutral tones, and guests have access to a convenient powder room. A Panasonic split system, ceiling fans and a wall heater maintain comfortable temperatures year-round. Outdoors, the rear garden feels private thanks to screening plants, and a large lemon tree takes centre stage. There is plenty of space to envisage a modern renovation or complete transformation.

You can't beat the location: it's an easy stroll into town to shops, cafes and restaurants, and just a stone's throw to the beach. Ocean Grove is a popular coastal town with beautiful surf beaches, the nearby Barwon River and plenty of natural spaces, and its central positioning on the Bellarine Peninsula allows easy access to surrounding towns and attractions including world-class golf courses and fabulous wineries.

Families, investors and developers should all take a look at this one - opportunities to secure large plots of land in the centre of town are becoming a rarity.

Solid home on a large 815 sqm (approx.) block in the centre of town Positioned in the residential growth zone - let your imagination run wild! Potential ocean vista from future upper levels Existing home is in immaculate condition, with established fuss-free gardens North-facing living, 3 BRs, bathroom + powder room, DLUG with workshop and garden shed Easy access to shops, cafes and of course, the beach!

Land: 815 sq m approx.