18 Pearl Street

Positioned in a quiet, established pocket of Ocean Grove, 18 Pearl Street offers a clear and compelling opportunity for those looking to secure land and create something new. Set on a generous allotment, the existing dwelling is in original condition and presents as a complete renovation or knockdown/rebuild opportunity (STCA). For buyers with vision, the value here lies in the block, the position and the ability to design a home tailored to modern coastal living. The depth of the site provides excellent scope for a substantial new build, with room for outdoor entertaining, landscaping or additional improvements, all within a well-regarded residential setting. Surrounded by established homes and located moments from the Barwon River, Ocean Grove Golf Club and the town centre, this is a location that continues to see strong demand from both permanent residents and holiday home buyers. Easy access to beaches, walking tracks and local amenities further enhances the long-term appeal. Opportunities like this where the focus is firmly on land, location and potential are increasingly rare in Ocean Grove. Key Features: Generous allotment with wide backyard Existing home in original condition Ideal for complete renovation or redevelopment (STCA) Quiet, established street Close to Barwon River, golf course and town centre Strong appeal for builders, renovators and investors