Rare Development Potential in Old Ocean Grove

8 Madeley Street, Ocean Grove VIC 3226

  • 4
  • 2
  • 4
  • 897 m2

SOLD

It’s not often that a property such as this one comes on the market in this tightly held, tree lined pocket of Ocean Grove. With land size just shy of 900sqm, opportunities are endless for buyers keen to enjoy the coastal pace of life on the Bellarine.

Located within walking distance to shops and Ocean Grove Primary and with recreation and relaxation on your doorstep - Blue Waters Lake, parklands and the Ocean Grove nature reserve a short walk away - this property’s location is stellar; everything is at your fingertips.

The gently sloping block lends itself to being the site of a stunning, architecturally designed home with plenty of room for family and friends, the upper floors capturing views across Mt Duneed and stunning sunsets, with lower floors ideal for family living. Astute investors will see potential to realise multi dwelling potential (STCA) or renovate the existing dwelling.

This rare development opportunity won’t last long, inspect today and start the journey to establishing your life on the Bellarine.

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Agent Details

Hugh McKewan

Director / Licenced Estate Agent

 (03) 5255 1000

 0417538779

Inspection Times

Property Information

  • Type Residential Sale
  • Price Undisclosed
  • State VIC
  • Suburb Ocean Grove
  • Property Type House
  • Land Size 897 m2

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