18 Newcombe Street, Portarlington, VIC, 3223, Australia

Representing an exclusive opportunity to claim a prime residential and business position on Portarlington’s tightly held main street, this classic brick residence combines a mesmerising outlook with immense potential for commercial redevelopment and is on the market for the first time in 25 years.

Situated across 678sqm (approx.) in a blue-chip setting, the property enjoys an ultra-convenient location, immediately adjacent to other commercial businesses and less than 200m to the main shopping and dining strip.

The premium site can accommodate a myriad of residential and commercial options, with favourable mixed zoning providing allowance for a three-story building; explore the potential for multipurpose usage such luxury apartments befitting the picturesque setting, situated atop a lower-level commercial space (STCA).

Alternatively, you may choose to retain the current two-bedroom dwelling and landbank for the future, update and create your own version of seaside luxury, or adapt the residence for use as a dedicated business (STCA).

Backed by the prestige of uninterrupted water views stretching across Corio Bay, and surrounded by renowned eateries, supermarkets, boutique shopping, and the lifestyle assets of The Esplanade, waterfront and surrounding reserve, the property also comes with the advantage of unrestricted parking right outside your door.

Portarlington’s growth in the region is expected to continue with the Drysdale Bypass and the Portarlington to Docklands ferry enhancing the appeal of this picturesque seaside village. Now is the time to take advantage of the sweeping outlook, a sought-after coastal lifestyle, and a flourishing tourism economy.