Potential plus in Old Torquay real estate

OLD Torquay has always been a popular choice for people looking for a beach home or to upgrade.

The new golden triangle of the original town precinct has become the secluded area south of Deep Creek.

The two main thoroughfares that dominate the land holdings in this area are Riverside Drive and Grandview Road, which both lead down towards the beach with the Deep Creek Reserve offering traffic-free access to Fisho’s and Whites beaches.

For those who missed out on last week’s offering at 13 Grandview Road that was snapped up prior to auction, One Agency has just listed another gem in this popular precinct.

Located at 66 Grandview Road, this original four-bedroom beach shack boasting a self-contained bungalow offers charm, classic features and endless potential for a savvy investor, those looking for an ideally located family home or versatile block with potential ocean views.

One Agency Surf Coast director Shaun O’Callaghan said this home on a large traditional sized lot, centrally located in Old Torquay, is a rare find.

 

“Adding to this is the flexibility that the block offers, which is the key in any property investment,” Mr O’Callaghan said.

“There are two approved dwellings on-site therefore dual income, or you could live in one and lease or Airbnb the other.

“There is also the opportunity to knock down and build your dream home, and if you add a second level there are outstanding ocean views to be enjoyed.

“Location-wise, it doesn’t get much better than this, walking distance to surf shops, Fisho’s Beach, eateries, bars, plus The Esplanade right on your doorstep.”

The self-contained bungalow boasting a kitchenette, bathroom, living room, two bedrooms with built-in robes, split system, plus its own entrance makes for a perfect teen retreat, guest house or subletting opportunity.

The open kitchen, living and meals area enjoys stunning hardwood floors, high ceilings, pendant lighting, big bay windows, an entry porch/mudroom and split system heating/cooling.

Enjoy two big and bright bedrooms, one with built-in robes, new carpet and heating, the other features an open wardrobe and glass sliding doors that flow onto the sunny deck, plus there’s a separate office.

The fully fenced 604m2 block offers a powered garage, lockup garden shed, established trees and plenty of space for storing boats and caravans.

Recent upgrades include new stumps and roof to the bungalow, new hot water service, updates to the kitchen, laundry and bathrooms, freshly painted bungalow, plus a new Rinnai gas heater.

For more information please contact Shaun O’Callaghan on 0477 881 808 or Steve Menegazzo on 0421 802 203.