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55 Orton Street, Ocean Grove, VIC 3226, 3 Bedrooms, 2 Bathrooms, House

$1,290,000 - $1,390,000

Guidance Price $1,290,000-$1,390,000View agent price guide

55 Orton Street, Ocean Grove, VIC 3226

3
2
2
927m2
HouseListed on Mon Jun 24
Price drop

Ocean Grove 3 Bedroom Art Deco Project or Beachside Development Opportunity

An abundance of character and a remarkable 927sqm (approx.) parcel of land invites the astute buyer to this original Art Deco home in a prized location, just 300m to the golden sands and pristine waters of the Ocean Grove Main Beach.

A unique property offering brilliant potential for families and new home builders, there?s immense scope to bring your vision for a new luxury residence to life while maximising the RGZ3 zoning to capture sweeping ocean views from future second and third storeys.

Developers will recognise the outstanding scope to take advantage of an expansive 21.9m (approx.) street frontage with the construction of a premium multi-dwelling development, while there is also an outstanding opportunity to renovate and refurbish the existing architectural home in keeping with today?s contemporary lifestyle (all STCA).

Currently in need of some TLC to bring it back to its former glory, the current home offers exceptional project potential as a character-filled fa?ade introduces original Art Deco features including soaring ceilings, decorative cornices, and a definitive curved window.

There?s a choice of living zones to enjoy as well as a generous north-facing alfresco deck where you can soak up the sunshine and salty sea air. Meanwhile a detached semi-self-contained bungalow provides ideal overflow living or guest accommodation.

Further enhancing this potential-packed opportunity is the site?s easy access to patrolled surf beaches, as well as its proximity to the vibrant restaurants and cafes, boutique shopping, and practical amenities of the town centre, all just a short walk from your door.

Whether your intentions are to retain and renovate the existing home, build your dream abode, or develop the expansive site, this seaside gem presents a golden opportunity to revel in the bliss of the fabulous Bellarine Peninsula lifestyle.

Location

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Council Data

Design and DevelopmentYes

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Ocean Grove Primary School
0.59 km
Primary
Prep-6
Government
icsea: 1101
Bellarine Secondary College-Ocean Grove Campus
2.23 km
Secondary
7-12
Government
icsea: 1002
Bellarine Secondary College
9.26 km
Secondary
7-12
Government
icsea: 1002

Property history

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Ocean Grove surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4/69-71 The Avenue, Ocean Grove
0.42 km
2
2
-m2
Year 2025 Month 01 Day 29
$685,000
Council approved
58B The Avenue, Ocean Grove
0.38 km
4
4
-m2
Year 2025 Month 01 Day 14
-
Council approved
3/15 Lookout Road, Ocean Grove
0.27 km
3
2
-m2
Year 2024 Month 11 Day 07
$920,000
Council approved
40a The Terrace, Ocean Grove
0.22 km
4
3
-m2
Year 2024 Month 10 Day 23
$1,730,000
Council approved
2/18 Osborne Street, Ocean Grove
0.39 km
5
3
-m2
Year 2024 Month 08 Day 15
$1,550,000
Council approved

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Ref:hly_166_1538671Last update:2024-12-17 11:19:16