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.










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.










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.










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 façade,
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.










To secure this rare and remarkable offering
on the Bellarine Peninsula, enquire today.