Where Coastal Living Meets Rare Development Potential

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.

All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

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