Ocean Grove 100 The Avenue
Inner Village Opportunity on 811sqm of Rgz Land
In a prized inner-village location where world-class beaches, vibrant shopping, and delectable eateries are reached within a leisurely stroll, this classic 1950s residence on a level 811sqm (approx.) landholding presents red-hot buying for the astute investor or savvy developer.
Underpinned by favourable Residential Growth Zoning allowing construction up to 10.5m in height, the property offers exciting possibilities for a luxury new home site or multi-dwelling development, with potential coastal panoramas from future second and third storeys (STCA).
Buyers with a penchant for vintage charm will also appreciate the scope for a rebuild, as high ceilings and timber flooring showcase the three-bedroom home’s classic character, while a desirable north-facing aspect allows natural light to stream in.
With a long-term tenant providing an interim rental income while plans and permits are finalised, the existing home also includes electric heating and air-conditioning, plus ample parking and storage space amid established gardens.
Set within a tight-knit, beachside community, this property’s sought-after location is complemented by a laidback beachside lifestyle – enjoy early morning ocean dips, coastal walks, proximity to local schools, parks, and playgrounds, and a mere 350m stroll to the buzz of The Terrace.
Whether you're seeking a well-preserved character home to renovate, a sought-after central Ocean Grove parcel on which to construct your dream home, or an unrivalled development opportunity, this is an increasingly rare opening to secure a significant landholding in the heart of a thriving coastal community.
Level 811sqm (approx.) land parcel in the heart of Ocean Grove20.1m street frontage and 40.3m depth lends itself to a myriad of possibilitiesSuperb opportunity to build a luxury new home or townhouse development (STCA)Favourable Residential Growth Zoning allows construction up to 10.5mLong-term tenant provides an immediate return on investmentUltra convenient location, a mere 700m stroll to the beach and 350m walk to The Terrace
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Property Information
- Land area approx 811sqm
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Property Features
- Garages 2
Nearest Schools
- In Catchment Area
- Independent Schools*
Primary School
- Ocean Grove Primary School
Secondary School
- Bellarine Secondary College
Primary
- Our Lady Star of the Sea School
Fletchers Agents
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Ben Roberts Senior Associate -
Dan Halsey Property Consultant
For Sale
3 1 2
House
Open Times
Please contact Ben Roberts to arrange an appointment.
Ocean Grove Area Guide
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Find Your Nearest Office
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Important Information
Fletchers Area Guide Ocean Grove, VIC 3226
100 minutes south-west of Melbourne lays Ocean Grove on the Bellarine Peninsula, a popular holiday resort with its elongated surf beach and safe swimming in the Barwon River estuary. The attraction of Ocean Grove as a family holiday destination has continued for more than a century. For many years, zoning restrictions confined residential developments south-west of Shell and Tucker Roads. Rapid development is now occurring to the east in an area known as Collendina.
Make an Enquiry 100 The Avenue, Ocean Grove
×Your enquiry will be sent via e-mail to Ben Roberts and Dan Halsey at Fletchers Bellarine, who will be in touch to provide more information.