50 Dare Street, Ocean Grove VIC 3226

Investors seize this rare development opportunity with plans and permits in place for the construction of two luxury homes in a premier location just a short stroll to the beach and town. Or owner/occupiers put a second storey (STCA) onto the existing three-bedroom home to potentially capture ocean views.

-- Living/dining area features timber floors, a/c and an open fireplace
-- Renovated kitchen with gas cooktop, wall oven and corner pantry
-- Main bathroom with separate bath and shower suits an easy cosmetic renovation
-- Built-in robes and carpet to generous master, second and third bedrooms
-- Rear deck steps down to expansive lawn in large backyard with gardens
-- Single carport with drive-through access to backyard for additional parking
-- Home is set in a premier location just two blocks back from the beach

Investors knock down the existing home to make way for your new luxury development, or owner/occupiers add significant value to the classic home with an easy renovation.

An open fireplace and timber flooring impresses in the air-conditioned living/dining area and the generous kitchen has been renovated.

The main bathroom awaits your modern touch, and three good-sized bedrooms provide plenty of space for family living.

There's also the opportunity to put on a second level (STCA), and the large backyard provides plenty of space to put in a deck and pool (STCA).