Position and potential in Apollo Bay

15 Nelson Street and adjoining vacant lot come to market through Joan Gladman Real Estate in conjunction with Great Ocean Road Real Estate

A RARE investment opportunity that boasts the best position with huge potential is for sale on Apollo Bay’s water front.

The property at 15 Nelson Street and adjoining vacant lot comes to market through Joan Gladman Real Estate in conjunction with Apollo Bay Real Estate and Great Ocean Road Real Estate.

This listing offers up the opportunity of the perfect sea-side holiday home, or to develop with pre-approved plans for 8 exclusive apartments in the very best Apollo Bay location directly opposite the golf course and harbour precinct.

Director Joan Gladman said that this is one of the most enviable positions to live, holiday or invest in Apollo Bay.

“The property is already very popular through holiday accommodation rentals as the location is so close to the harbour precinct and all Apollo Bay has to offer,” Ms Gladman said.

“15 Nelson Street and adjoining vacant lot also offer one of the best investment opportunities on Victoria’s coastline with planning approval for 8 apartments already endorsed by council.

“The potential this opportunity presents in enormous, investment, income stream, holiday, anything you wish.”

This wonderful property is also steeped in history with former owner and wartime nurse, Mrs Barrow, believed to have welcomed Sir Edward “Weary” Dunlop as a guest on occasions.

Packed with potential, this charming north-facing Art Deco home has been lovingly renovated and boasts the very best location in this beautiful tightly held seaside town. Extraordinary views begin with the manicured fairways of the neighbouring golf course, to boats bobbing on the harbour, and beyond to the ocean and sweep of the encircling hills.
The house is constructed of the cream brick and tile of its era and retains many prized features.

A separate vacant lot adjacent to the house is also being offered for sale, and expressions of interest are invited for house or vacant land, or both together.
Both properties are suitable for an apartment/townhouse development with a permit already obtained for an eight dwelling project which was approved on 18/4/18 with architects drawings available to interested parties.
These wonderful properties are only 250 metres from the Apollo Bay shops and town centre, and also only about 250 metres to the picturesque marina where the freshest of fish can be purchased.

A walk over the road to the beach and all the wonders of Apollo Bay await the purchaser of this lovely and unique home.

The two parcels of land are made up of property No 1 being Lot 1 with dwelling at 775sqm known as 15 Nelson Street and property No 2 being Lot 6 at 300sqm being vacant land.
For Sale by Expressions of Interest closing Wednesday May 9. For more information or to view architects drawings and planning permit, phone Joan Gladman on 0427 272 872, or Great Ocean Road Real Estate’s Darren Brimacombe on 0418 317 424.