15 Madeley Street, Ocean Grove VIC 3226

An exceptional seaside opportunity in blue-chip Ocean Grove, this classic beach house offers an abundance of coastal charm, plush exciting possibilities to update, extend or rebuild. The mostly original 3-bedroom home is the perfect setting to embrace sun-soaked summer holidays, ideally positioned close to Ocean Grove Primary School, shops and Blue Waters Lake Reserve. Well maintained, the residence is ready to enjoy as-is while you plan your next move, with an impressive 834sqm (approx.) landholding adding to the potential to transform into a luxury new seaside residence or development opportunity (STCA).

The Facts:
-Classic beach house in a sought-after Old Ocean Grove location, abounding with opportunity to update or transform into a dream coastal home (STCA)
-Generous 834sqm (approx.) allotment also offers outstanding potential for subdivision (STCA)
-Preferable north to the rear orientation lends itself to sun-soaked coastal getaways + solar passive design
-Character-filled existing home is ideal to live in or rent out while you plan your luxury new abode
-Charming original features include exposed beams & gently pitched ceilings
-Expansive glazing floods the open plan living hub in natural light
-All electric kitchen abounds with retro charm
-3 bedrooms (2 with BIRs) are serviced by a family bathroom with separate WC
-Expansive yard area lends itself to a myriad of possibilities
-Perfectly placed close to Ocean Grove Primary School, an easy 600m walk or bike ride away, and the Madeley Street shops, just 650m from your door
-Proximity to kindergartens, sporting grounds & parks for family-friendly living
-Lifestyle excellence is on offer with the vibrant retail & dining hub of The Terrace within 800m, and the beach just beyond
-Central to the Bellarine Peninsula’s coastal townships & key attractions, beckoning weekenders & permanent residents alike
-An outstanding project or investment opportunity, certain to appeal to investors & developers

The Owner Loves…
“It is so lovely to be able to start every day with a morning walk around Blue Waters Lake. Having such beautiful natural assets including the lake, river, and beach so close to home makes this a truly special place to live.”

*All information offered by Bellarine 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 Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.