10 Grove Road
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About this property
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.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 934 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Lorne
This land in Lorne, VIC 3232 sits within reach of public transport, local shops and nearby schools. It is listed 184% above the $1.30m median of 68 comparable landswithin 5 km.
Schools near Lorne
- Lorne P-12 Collegecombined · Prep-12 · CoEd
What's nearby
- Lorne Visitor Centre/Great Ocean Rd (bus) — 166 m away
- Duetto Clothing — 112 m away
- Unnamed — 154 m away
- Unnamed — 325 m away
- Unnamed — 446 m away
Lorne at a glance
Full suburb profile- Population
- 1,327
- Median age
- 56
- Household income
- $1,525/wk
- Median rent
- $363/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Lorne price trend
Median sold · House 3 bed
Compound growth -8.0% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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