24 Mallaluka Avenue
Ocean Grove, VIC 3226

A sensational opportunity awaits in a prestigious Ocean Grove location, offering elevated land with sweeping panoramic views of the ocean, bluff, and river estuary. This unique property spans two titles, combining approximately 1,291 square meters, and includes an original residence that provides a rare foundation for ambitious architectural projects.

Held by a single family for over six decades, this cherished property offers flexible purchasing options, allowing buyers to acquire the adjoining lots either together or separately. The potential is vast, whether you choose to maintain the existing home, enhance it with a modern refurbishment, or undertake a complete redevelopment to craft your ideal coastal retreat, subject to council approval.

The well-maintained double-storey brick residence harmonizes beautifully with its natural surroundings, exuding a calming coastal ambiance. Features such as pitched ceilings, a gas log fireplace, and abundant natural light contribute to the home's timeless appeal.

Large windows frame stunning, ever-changing coastal vistas and picturesque skies, visible from the generously sized living and sleeping areas. The home includes two spacious living rooms separated by a wraparound kitchen equipped with a five-burner cooktop, Neff wall oven, and Asko dishwasher. An alfresco deck extends the living space outdoors, perfect for family gatherings and enjoying the seaside atmosphere.

Accommodation comprises three bedrooms on the upper floor, including a private main bedroom with convenient access to a skylit bathroom. The lower level offers ideal guest quarters with a fourth bedroom and a second bathroom. Additional features include ducted heating, split system air conditioning, a double garage, and extensive under-house storage space.

Whether you are looking to update the current home or start anew, this property inspires with its location among some of the Bellarine Peninsula's most exclusive residences. It also benefits from close proximity to the beach, river, and local shopping and dining amenities, making it a truly exceptional opportunity for discerning buyers.