31 The Esplanade, Portarlington, VIC 3223

Built in c.1886, ?Oakrest? has been

described for over a century as one of Portarlington?s most admired homes and

given its grand Victorian presence on an extraordinary 1,595 sqm (approx.)

beachfront allotment, it?s easy to see why. Esplanade frontage and

uninterrupted north-facing views over the glistening waters of Port Phillip Bay

make this property an unrepeatable opportunity to restore a Portarlington

landmark to its former glory.

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The home?s historic elegance is immediately

evidenced by lofty 10ft ceilings, ornate cornices, ceiling roses, and tall sash

windows that define the stately front rooms. The formal lounge, with its bay

window and open fireplace, frames breathtaking water views. Three bedrooms

retain their Victorian heritage, while the more recently updated kitchen and

meals area at the rear provides a practical foundation for further enhancement.

A second, less formal, lounge features a modern gas log fireplace with a timber

mantle. The single bathroom has also seen relatively recent updates too.

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The vast rear garden offers ample scope for

expansion, grand landscaping, or an inspired outdoor entertaining space, and

features a remote operated double lock-up garage with additional carport, ideal

for boat/caravan storage. A covered timber deck provides a sheltered alfresco

area off the kitchen, overlooking the large expanse of lawn.

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For restoration enthusiasts, or savvy developers ?Oakrest?

presents an unrivalled canvas, an impressive opportunity to breathe new life

into a stately Victorian-era home steeped in history or to subdivide and invest in a multi property development or land holding (STCA). With its stately fa?ade,

absolute beachfront setting in a prized Esplanade position and expansive

allotment brimming with potential, this home and land holding deserves to be reimagined for generations to come.

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To secure this rare and remarkable offering

on the Bellarine Peninsula, enquire today.