55 Orton Street
Ocean Grove, VIC 3226

Set on a substantial 927 square meter block with a prized north-facing backyard and coveted RGZ3 zoning, this property offers exceptional potential in a highly sought-after location. Situated just a short walk from Ocean Grove’s main beach and vibrant town centre, this site represents a rare and valuable development opportunity.

The original Art Deco home on the property is full of character and charm, featuring soaring ceilings, decorative cornices, and a distinctive curved window. While the home requires some tender loving care to restore it to its former glory, it offers a unique project for renovators or holiday buyers seeking a character-filled residence with significant upside potential.

The expansive 21.9 meter street frontage and RGZ3 zoning provide excellent scope for developers to create a premium multi-dwelling development, potentially capturing sweeping ocean views from future second and third storeys, subject to council approval. This makes the property an ideal canvas for new home builders or developers looking to capitalize on the blue-chip location.

The existing home offers multiple living zones and a generous north-facing alfresco deck, perfect for enjoying the sunshine and sea breeze. Additionally, a detached semi-self-contained bungalow on the site provides flexible accommodation options for guests or overflow living.

Beyond the property itself, the location offers easy access to patrolled surf beaches and is close to a variety of restaurants, cafes, boutique shops, and essential amenities in the town centre, all within walking distance. This combination of location, land size, and zoning makes this seaside property a rare and valuable opportunity to embrace the lifestyle of the beautiful Bellarine Peninsula.

Whether your plans involve renovating the existing home, building a dream residence, or developing the site, this property presents a golden opportunity to invest in a highly desirable coastal community with strong growth prospects.