Exclusive Big Hill beauty meets record expectations

A stunning oceanfront property has met its lofty $8 million-plus price hopes and sold in a deal believed to be a record for the Lorne region.

1193 Great Ocean Road, Big Hill sold shortly after offers closed, with interstate buyers snapping up the exclusive property.

While the final price is undisclosed, Great Ocean Properties director Marty Maher indicated the property sold within the advertised price range of between $8 million-$8.5 million – meaning the sale surpassed the previous Lorne record of $7.25 million at 1 Roadknight Street, Lorne.

The home is one of just nine on the ocean side of the Great Ocean Road, with its near-impossible-to-find location and luxurious design from architect Edgard Pirrotta making it an unmissable opportunity.

“This was the exceptional result that the property deserved.

We had formed a strong relationship with the vendors over time to get the property, the process and the campaign just right to allow for this to occur.

Both our vendors and the buyers are delighted,” Mr Maher said.

“This sale indicates that despite the cautious sentiment at present, there are still buyers with capability looking for the right opportunity.

They are generally incredibly fussy though and you need to build confidence from the outset so that they are comfortable to proceed.”