50 The Parade, Ocean Grove, Vic 3226

Privately positioned in one of Ocean Grove's most tightly held coastal pockets, this much-loved residence has been held by the same family for more than 45 years. Uninterrupted views stretch across Bass Strait, the Ocean Grove Spit, Barwon River, The Bluff and Barwon Heads, creating an ever-changing backdrop that has been enjoyed for generations. From sunrise over the water to the evening lights of Torquay and Mount Duneed, every day is framed by one of the Bellarine Peninsula's most remarkable coastal outlooks.

While beautifully liveable today, the opportunity extends well beyond the existing home. Set on approximately 929m² within the General Residential Zone – Schedule 3 (GRZ3), the property offers exciting future potential in a location where opportunities of this scale are becoming increasingly rare (STCA). Whether retained as a much-loved family home or holiday retreat, or explored as the site of an exceptional future development, this is a property where the land, location and outlook are every bit as compelling as the home itself.

Key Features

Approx. 929m² allotment

Approx. 244m² (26.3 squares) of internal living

General Residential Zone – Schedule 3 (GRZ3) Potential To Build Three Levels

Outstanding redevelopment potential (STCA)

Elevated position with uninterrupted views across Bass Strait, Ocean Grove Spit, Barwon River, The Bluff and Barwon Heads

Flexible two-storey layout with two upstairs bedrooms plus lower-level accommodation with potential for a third bedroom, including an ensuite to the second bedroom

Open-plan kitchen, living and dining area overlooking the Bluff, Barwon Heads and Ocean Grove Main Beach

Expansive glazing capturing spectacular coastal views

Side-by-side dual vehicle carport

New carpet throughout

Established front and rear gardens

Secluded setting, privately positioned away from the road

Approximately 400 metres to Ocean Grove town centre

Walking distance to the beach and Barwon River

A Lifestyle Location

Few addresses combine breathtaking coastal views with such effortless access to everything Ocean Grove has to offer. Positioned just a short stroll from the beach, Barwon River, cafés, restaurants and the town centre, this is a location where the lifestyle is just as impressive as the outlook. Whether it's morning swims, afternoons on the river or evenings watching the changing colours of the coastline from home, this is a setting that has captivated one family for more than four decades and is ready to do the same for the next.

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Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided, the details are offered in good faith and should not be relied upon as a substitute for legal or financial advice. Purchasers are advised to refer to the Section 32 (Vendor Statement) and conduct their own due diligence before making any decisions.