46 Gambier Street Apollo Bay VIC 3233

Set on a generous 1,014sqm land parcel overlooking Marengo Beach, this long-held family property offers an increasingly rare chance to take on a home with real history, or a magnificent site for future development. Offered for the first time in generations, it’s ready for a new chapter.

The home is original and needs some love, but it has solid bones and plenty of character to work with. Inside, you will find large stately rooms, high ceilings, original Baltic pine floorboards, and original fireplaces full of character, while the master bedroom retains a beautiful pressed metal ceiling. For those who appreciate older homes and are prepared to take on a project, there’s a real opportunity here to restore these classic elements and create something meaningful over time.

Alternatively, for those choosing to develop instead of renovating, the property offers incredible scope. With the incredibly rare benefit of having no heritage overlay or listing, you are presented with a blank canvas, made even more appealing by the fact that there is no minimum lot size for future development (STCA).

There is already a lovely outlook over Marengo Beach, and with the potential for a second storey (STCA), the views could become truly exceptional - stretching from Marengo right through to Point Bunbury.

Positioned in one of Apollo Bay’s most tightly held streets, the property is within walking distance to the town centre, beach and foreshore, and close to the golf course and Point Bunbury. It’s a location that continues to hold strong appeal.

The home also carries genuine historical significance, with ties to early settler families in the area and a history stretching back to the 1800s. Built from locally milled timber and evolving over many years, it has been held by the same family for multiple generations.

This is very much a project home and not move-in ready, but for the right buyer, it represents a rare chance to restore or completely reimagine in a premium Apollo Bay location.

GOODLIFE HIGHLIGHTS

• 1,014sqm land parcel overlooking Marengo
• Incredible development potential with no minimum lot size and no heritage overlay
• Potential for sweeping second-storey views from Marengo to Point Bunbury
• Historic home with early settler connections
• Classic heritage features including high ceilings, large stately rooms, Baltic pine floorboards, original fireplaces full of character, and a pressed metal ceiling in the master
• Partially original condition – requires renovation
• Solid structure with character and history
• Highly sought-after Apollo Bay location
• Walking distance to town, beach, golf course & Point Bunbury
• Rare restoration or blank-canvas opportunity

Property Features

• Balcony
• Deck
• Shed
• Open Fireplace
• Floorboards