150b Asbury Street East

Defined: Set in a tightly held pocket of Old Ocean Grove, this prized 477 sqm (approx.) allotment offers an outstanding opportunity to secure a premium build site in one of the area’s most sought-after locations. Positioned opposite parkland and tennis courts, and just steps from the Madeley Street shops, it pairs a peaceful setting with everyday convenience. Approved plans until January 2027 and the option to extend for 2 years, permits are already in place for an architecturally designed four-bedroom residence, giving you the option to fast-track your dream home or create a design of your own. Whether you’re planning a permanent home, coastal retreat or investment, this is a rare chance to make your mark in Old Ocean Grove. With surf beaches, walking tracks, wineries and local amenities all close by, and the town centre just minutes away, this is Ocean Grove living at its best. Considered: – 477 sqm (approx.) flat allotment – Approved plans and permits for an architecturally designed four-bedroom home – Flexibility to design and build your own residence – Opposite parkland and tennis courts – Moments from Madeley Street shops, cafés and artisan bakery – Sought-after Old Ocean Grove location – Surrounded by quality homes Close by facilities – Madeley Street shops and cafés, Ocean Grove town centre, surf beaches, walking tracks, parklands and Bellarine wineries. Ideal for – Home builders, coastal buyers, investors and those seeking a ready-to-build opportunity.