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10 Grove Road, Lorne$3.69m
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10 Grove Road

Lorne, VIC 3232, Australia
$3.69m
934 m²

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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

Repayment calculator

$17,913/month
$8,957 /fortnight
Loan $2,956,000 at 6.10% over 30 years

Upfront costs

Deposit$739,000
Stamp duty$220,175
Conveyancing (est.)$2,000
Total upfront$961,175
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Clothing112 m away
  • Unnamed154 m away
  • Unnamed325 m away
  • Unnamed446 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

$1.50mcurrent median

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