Versatile Coastal Property with Commercial & Residential Potential - Private Inspections by Appointment
** Private Inspections by Appointment **
Defined: Positioned in the heart of Anglesea, this dual-purpose property presents an outstanding investment opportunity, offering flexibility and future growth potential. The ground floor is home to a fully functioning restaurant/café, complete with commercial-grade cooking facilities, food preparation areas, a cool room, and indoor/outdoor seating for approximately 50 patrons.
Upstairs, a spacious three-bedroom apartment provides comfortable living, with sun-filled rooms capturing scenic views across the Anglesea River and out to the ocean beyond. A large rear yard, carport, and convenient laneway access further enhance the appeal, making this an ideal option for those looking to live and work from the same address, or for savvy investors seeking multiple income streams.
Set on a generous 616sqm (approx.) allotment in a central location just minutes from the surf club and Anglesea town centre, the property also offers impressive development potential (STCA), making it a rare and versatile coastal opportunity.
Currently zoned Special Use Zone 8 (personal and business use) within the Tourism Precinct, allowing for mixed-use flexibility, potential for multiple townhouse development or mixed-use commercial and residential development opportunities (STCA). Excellent logistics for current and future builds, with the added flexibility of rear laneway access via Melaleuca Lane
Considered:
Restaurant: Spacious restaurant/café with indoor and outdoor seating for approximately 50 patrons. Features commercial-grade cooking facilities, multiple food prep areas, cool room, dry goods storage and customer amenities. A separate room off the main dining area suits private functions or alternative uses such as massage or beauty therapy. Front outdoor terrace provides additional seating.
Kitchen (Upstairs): Compact, functional kitchen with ample storage, white-painted timber benchtops and double stainless-steel sink, overlooking the covered timber deck.
Living & Dining: Open-plan living and dining with large picture windows capturing views across the Anglesea River to the breaking waves of Anglesea Main Beach. White-painted brick feature walls and neutral carpet complete the space.
Bedrooms: Two spacious bedrooms with walk-in and/or built-in robes. Main bedroom enjoys river and ocean views, while the second overlooks the rear garden. A flexible third bedroom or study includes built-in robes and a light well.
Bathroom: Dual-entry bathroom accessed from the main bedroom walk-in robe and third bedroom/study, featuring a corner glass-framed shower, corner vanity and toilet.
Outdoors: Large rear yard with single car garage accessed via ROW from the rear laneway, plus driveway access beside the residence/restaurant. Covered timber deck off the upstairs kitchen leads to the yard. Land size: 616sqm (approx.).
Close by Facilities: Anglesea shopping strip, Great Ocean Road Resort, Anglesea Surf Club, Anglesea Golf Club, Anglesea River Boardwalk, Anglesea Main Beach, Point Roadknight, Anglesea Primary School and Kindergarten, Anglesea Family Caravan Park and Anglesea BIG4 Caravan Park.
Ideal for – Investors, restaurateurs, café owners and developers.
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