Ocean Grove 121 The Parade

Opportunities like this are rare! In a market where the Ocean Grove real estate is becoming even more sought-after than ever, to find an allotment of this size in the heart of town is an exciting opportunity indeed. Built in the 1950s this well-loved classic has been home to the current beach loving family for over 50 years. Positioned to the front of the large - 815sqm (approx.) - north-south oriented block, the location of this property is truly exceptional, and it represents everything that relaxed coastal living is all about. Wander to one of many nearby shops, cafes or parks, and only a few minutes further and you'll be standing on the sand of Ocean Grove's stunning main surf beach.

Offering a glimpse into a bygone era, the eclectic house is in need of a little TLC and includes a large lounge room, two bedrooms, a main vintage-style bathroom with over-bath shower, and a quaint kitchen with original wood-fired oven. A sunroom and extra bathroom have been added to create a restful space overlooking the rear yard. There's a single garage, and the sprawling garden comprises a mix of natives, fruit trees and other deciduous varieties, but the real drawcard here is this property's outstanding location.

Capitalise on a growing market and secure this central plot as the perfect setting to see your development dreams come to life. Situated amidst the highly sought-after Residential Growth Zone, there is potential to construct a multi-level build (STCA) with water views from the upper levels. With precedence in this zoning accommodating higher density as well as townhouse or dream home options, it ticks all the boxes: large block, north-facing rear, and convenient central location with walkability to all of the town's main assets. Don't delay an inspection!

Large north-south oriented block in the centre of town In the Residential Growth Zone: a developer's dream site Sunny rear garden, ideal to landscape into an oasis or add luxurious pool Existing 2-bedroom dwelling and single garage Leave the car at home, walk to beach, shops, cafes & parks Easy access to the Bellarine Peninsula: golf courses, restaurants, wineries

Land: 814 sq m approx.