A hillside property in Lorne is for sale for the first time in nearly 40 years and is expected to set a new house price record for the suburb.
An exquisite property in Big Hill — one of only nine on the beach side of the Great Ocean Road in Lorne — is slated to set a new house price benchmark for the coastal suburb.
1193 Great Ocean Road is placed just metres back from the sands of Loutitt Bay, boasting unobstructed ocean views and an almost private beach.
The vendors are the only ones to have occupied the luxury home, having built it in the 1980s under the guise of esteemed architectural firm, Edgard Pirrotta.
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The stunning home is one of only nine in Lorne on the beach side of the Great Ocean Road.
It has the ocean on one side, and a resort-like pool area on the other.
Large glass windows look out onto the unobstructed views.
“It was very cutting edge in its day,” Great Ocean Properties Aireys Inlet director Marty Maher said.
“It’s an incredible floorplan and certainly has the best views on the Surf Coast.”
If the property sells within its $8m-$8.5m range, it will more than double the $4.025m Big Hill house price record, set in 2018 when celebrity chef Shannon Bennett and actor Madeleine West sold their 1200 Great Ocean Road pad.
The property at No. 1193 is also tipped to smash the greater Lorne house price record by about $1m, currently held by the $7.25m sale of 1 Roadknight St in 2020.
In addition to six bedrooms and five bathrooms, the four-storey pad also comes with a resort-like pool and sun-drenched courtyard area, mod grass tennis court with stunning views, and large glass windows inside.
The main bedroom is found on the lower ground floor and is joined by a walk-in wardrobe, open fireplace, studio and cellar, all leading out onto a spacious deck overlooking the water.
On the lower level floor, the kitchen, dining and living areas open out to the pool, while the ground level above includes a garage, portico balcony and bridge leading to a bedroom, bathroom and two decks.
The home comes with six bedrooms in addition to a caretaker’s residence.
Above the garage sits another deck, living room, kitchen, bedroom and bathroom — perfect as a guest space or teenage retreat.
A self-contained caretaker’s residence is found separate to the main home, encompassing two bedrooms, one bathroom, a kitchen and living area.
“The nine (properties) on that side of the Great Ocean Road are spread out over several kilometres,” Mr Maher said.
“It’s pretty special and they all have crown land between each other so they’re quite private.”
Mr Maher added that the vendors had lived there permanently for nearly 40 years and were downsizing now that their children were older.
“They’ve really loved it and will very much miss it,” he said.
“We’ve had a good response so far, a lot of people who have a property in the area and in Lorne itself are looking at it to trade up.”
The home is open by private inspection only, with all offers required by November 30.
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Source by www.realestate.com.au
