Defined:
Set on an expansive 849sqm (approx.) allotment within one of Ocean Grove’s most tightly held coastal streets, this exceptional landholding presents a rare opportunity to secure premium real estate just moments from the surf beach and town centre. Positioned within Residential Growth Zone Schedule 3 the highest residential zoning in Ocean Grove the site offers significant scope for future redevelopment or a landmark coastal residence, where considered design and elevation may unlock coastal and Barwon River outlooks (STCA). With scale, zoning and location rarely found this close to the shoreline, the opportunity appeals equally to developers, investors and lifestyle buyers seeking long-term value.
Considered:
– 849sqm (approx.) premium coastal allotment
– Residential Growth Zone Schedule 3 (highest residential zoning in Ocean Grove)
– Zoning supports multi-dwelling development including apartments or luxury townhouses (STCA)
– Potential for three-storey development with underground parking (STCA)
– Indicative potential views from approximately 9.5m build height (STCA)
– Generous depth and width providing flexible design outcomes
– Walking distance to the surf beach, Barwon River precinct and town centre
– Rare opportunity in a supply-constrained coastal market
– Adjacent property also available, offering potential for a larger combined holding (STCA)
Close by facilities:
Ocean Grove surf beach, Barwon River trails, Ocean Grove town centre cafés and restaurants, primary and secondary schools, sporting facilities, Ocean Grove Golf Course, boat ramp, coastal walking tracks and easy access to Geelong and the wider Bellarine Peninsula.
Ideal for:
Developers, investors, builders, owner-occupiers and lifestyle buyers seeking a blue-chip coastal holding with genuine development flexibility and long-term growth potential.