46 & 48 Albert Street
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About this property
Positioned amid an idyllic four-acre bushland setting backed by stunning views over the Great Ocean Road, St George River estuary, and Great Otway National Park, 'Springwood' showcases a peerless opportunity for extended families or a prestigious investment in the short-term rental market. Presented to market for the first time in 50 years, this former logging camp is a truly unique property, offering of four distinct mud-brick residences, spanning three separate small acreage titles. Oozing rustic charm with its timber lined ceilings, hardwood flooring, and ambient wood burning fireplaces, the main residence resides on 8,604sqm (approx.), and delivers a series of self-contained accommodations within its two-storey layout, totalling 10 bedrooms, eight bathrooms, and six kitchen/kitchenettes. Across the adjoining 2,368sqm (approx.) landholding, a freestanding two-bedroom dwelling boasts a blissful bushland valley aspect where you can watch and hear nature at its best, while the vista is maximised by the third lot of 5,806sqm (approx.), offering two further residences on title. The uniqueness of this property is captured in the myriad of options it offers the savvy purchaser. Available as individual titles or as one peerless lifestyle offering, buyers can enjoy 'Springwood' immediately as a multi-generational compound, capitalise on the lucrative holiday accommodation potential, or explore the options for future enhancement. Surrounded by national park and with walking tracks linking you with the St George River and picturesque Teddy's Lookout, this geographically blessed holding presents a rare and truly enviable opportunity in every respect. -'Springwood' an unrivalled coastal acreage offering -Four dwellings on three titles, with a combined landholding of 16,778sqm (approx.) -Available to purchase individually or together -Spectacular views from every vantage, including over the famous Great Ocean Road -Blue-chip location close to the main street, beach, Teddy's Lookout, and St George River -The ultimate family compound for illustrious multi-generational living
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 12
- Bathrooms
- 10
- Parking
- 6
- Land Area
- 1.68 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Lorne
This 12-bedroom house in Lorne, VIC 3232 sits within reach of public transport, local shops and nearby schools.
Schools near Lorne
- Lorne P-12 Collegecombined · Prep-12 · CoEd
What's nearby
- Lorne Hotel/Great Ocean Rd (bus) — 586 m away
- Sharkys — 694 m away
- Queens Park — 512 m away
- Unnamed — 827 m away
- Unnamed — 1.1 km 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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