5 Alpha Terrace

Lorne VIC 3232

983 m²

House

Currently for sale - view listing

Overview

TWO TITLES, ENDLESS POSSIBILITIES IN CENTRAL LORNE

Spanning two separate titles with a three-street frontage to Alpha Terrace, Lorne Terrace and Erskine Street, this collectively 983sqm landholding is a genuine rarity in the Lorne market, a coveted canvas of flexibility, value and strategic potential offered for the first time in over forty years. The versatility on offer here is extraordinary. Keep both titles and enjoy the full scope of the land, sell the vacant block and recoup immediate value, or develop a second dwelling to share this prized pocket of Lorne with family or friends. Few properties in this town offer the buyer such genuine freedom of choice. The existing home is warm, comfortable and entirely liveable, offering three bedrooms and a generous upstairs open-plan kitchen, dining and lounge area that opens onto a spacious balcony with enticing glimpses of Loutit Bay. It is a home that has been loved, and one that wears its next chapter with enormous promise. The location seals it. A short stroll connects you to the swing bridge river precinct and beach via the Howard Street Road reserve, and the cafes, restaurants and energy of Mountjoy Parade. Properties with this flexibility do not present to the Lorne market often.