45 Dare Street, Ocean Grove, Vic 3226

Happily held within the same family for over four decades and displaying a sense of nostalgia seldom found, this exceptional beachside property is all set to reward weekenders, investors, and developers on the most significant of scales.

Just a few minutes’ walk from the patrolled main beach, riverside walking trails, and The Terrace shops and eateries, the very best of the Bellarine’s fabulous lifestyle awaits.

Set on a 907sqm (approx.) corner allotment, there’s ample space for large and extended families to spread out and soak up the seaside ambience, while a desirable north-to-rear aspect and dual street frontages underpin the exciting potential for re-development (STCA).

Currently on offer are three separate dwellings, featuring up to eight bedrooms and two bathrooms in total. A classic three-bedroom beach house headlines the property, featuring a central open plan living, kitchen and meals area, a recently renovated bathroom, and an expansive undercover deck that’s ideal for summer gatherings.

The endless holiday vibes continue via a vintage caravan with substantial add-on, providing another three bedrooms, central living zone, bathroom/laundry, and working kitchen, while a freestanding two-bedroom bungalow completes the existing accommodation options.

Separate meter readings and street access enhance the investment appeal, furthered by contemporary comforts including reverse cycle heating and cooling, a whopping 18kW of solar energy, and ample off-street parking including a garage with wood fire, carport, and separate parking pad.

Whether you plan to move straight in and continue to create long-lasting memories with family and friends, or redevelop and realise the property’s full potential, this unique property is sure to deliver an advantageous opportunity in a sought-after seaside pocket.

* Long-held family property basking in vintage holiday vibes
* Eight bedrooms across three dwellings set the scene for extended family gatherings
* Generous 907sqm (approx.) dual access block offers vast development appeal
* Field Street gifts access to the patrolled main beach just 400m from your door
* Bowling Club and Main Street shopping /dining only 500 metre walks  
* A generous 18kW of solar keeps running costs to a minimum
* Holiday allure continues via reverse cycle a/c and ample off-street parking
* Registered caravan, enclosed in shed, allows internal access for extended accommodation.
* Separated metering allows for multiple rental opportunities.