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10 Grove Road

Lorne VIC 3232

934 m²
Land
Currently for sale - view listing

Overview

A LANDMARK OPPORTUNITY

Rarely does an allotment of this magnitude and pedigree present itself in one of Lorne's most coveted enclaves. 10 Grove Road is not simply a coastal allotment; it is a significant landmark site, commanding a prime position that captures the very essence of Louttit Bay and places you withing walking distance of all you need. With breathtaking, expansive views stretching across the coastline, this is a blue-chip holding that defines "Premium" A substantial 934sqm (approx.) land allotment, the property is distinguished by its rare dual-street frontage a logistical dream for any future vision. The strategic value here is unmatched. Whilst Zoned Residential 1- the site is also primed for a high-density development. (STCA per a favourable DDO4 overlay) This site offers a multitude of options for the savvy investor or the visionary homeowner looking to create a legacy estate. The Highlights Scale & Scope: A sprawling 934sqm premium site in the heart of Lorne. Dual Access: Rare dual-street frontage providing seamless entry and architectural flexibility. The View: Uninterrupted and impressive vistas across the iconic Louttit Bay and coastline Development Potential: Zoned Res 1 with DDO4 overlay, allowing for sophisticated higher density design. (Previously approved by Shire) The location is as prime as it gets -offering the perfect balance of elevation and proximity to Lorne's vibrant commercial, dining precinct and patrolled beach. Whether you are looking to landbank or embark on a landmark development, 10 Grove Road represents a brilliant opportunity. This is a chance to secure a significant footprint in a location where land of this calibre is rarely offered.

Features

934 m² lot size
Land

Property history for 10 Grove Road

2017
Sold
$15,000
27 Jul 2017 by David Baldry, of Smyth Real Estate Lorne

Happy sellers in Lorne

54%
54% of sellers in Lorne reported that their sale price either exceeded or met their price expectations.

Lorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Lorne over the last 12 months.

Local market activity for land plots in Lorne

In the last 12 months, 5 land plots similar to 10 Grove Road, have been sold.

This represents a 150% decrease in land plots sales when compared to the previous 12 months.

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