A renovated Western Beach character home is poised to smash waterfront price records after being listed for $6.5m.
The two-storey weatherboard residence, at 24 Western Beach Rd, Geelong, occupies an exclusive front row position opposite Corio Bay, with water views from multiple vantage points.
It has been extensively renovated, with the upper floor rebuilt, since last selling for $1.51m in early 2020.
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The circa 1915 house at 24 Western Beach Rd, Geelong, has had a full renovation.
The view over Corio Bay from the main bedroom suite.
Jellis Craig Geelong listing agent Marcus Falconer said the vendors had spared no expense restoring the circa 1915 residence to its former glory.
“They have done an amazing renovation, it’s a beautiful blend of old and new with a high focus on excellent quality,” Mr Falconer said.
“There’s multiple rooms with a fantastic view over the boat moorings and over the water so it’s an amazing spot to sit and watch the day go by and it’s certainly unobstructed water views.
“All the hard work has been done, it’s move-in ready with absolutely nothing to, and it’s one of those golden and rare opportunities to secure a blue chip position on the waterfront.”
The elegant four-bedroom, three-bathroom residence has three separate living areas and a formal dining room featuring a decorative marble fireplace sourced from the Fyansford quarry.
The main lounge has a wood heater with a decorative English oak surround..
Hand-seeded concrete floors create a terrazzo finish in the open-plan kitchen and dining area.
A double garage sits at the rear, with additional off-street space to park vehicles securely.
Original period features such as leadlight windows, 3.25m-high ceilings and deep cornices pay homage to the past in the main lounge, where a bay window frames water views.
A new open-plan rear living zone has a more contemporary feel, with hand-seeded concrete floors and stacker sliding doors onto a private paved terrace.
The premium kitchen features reconstituted marble countertops, a 900mm Smeg cooker, a Whispair commercial grade rangehood and a butler’s pantry.
Upstairs, the bedroom zone has been carefully rebuilt to complement the original part of the house.
The main bedroom suite has a dreamy window seat overlooking the bay, a high vaulted ceiling, a large walk-in wardrobe and ensuite.
Mr Falconer said the vendors had further future-proofed the design by securing a permit for an additional self-contained studio above the double garage, which has rear access via electric gates from Ginn St.
Cunningham Pier is in view from the main bedroom upstairs.
A clawfoot bath is installed in the spacious family bathroom.
The style of the kitchen reflects the home’s period roots.
He said the value of the 483sq m property lay in the fact it was move-in ready and positioned on one of Australia’s few north-facing waterfronts.
An Art Deco residence at 63 The Esplanade, Drumcondra, currently holds the waterfront price record after selling for $5.25m in 2023.
It sits on a larger 1387sq m parcel of land but was unrenovated at the time of the off-market deal.
“There has been a couple of sales above $6m and someone secured a bigger parcel of land a little bit further along, for a house that needs full renovation, at $5.25m, but this one is move in ready to go,” Mr Falconer said.
“You couldn’t replace it for what we are asking today.”
The property would also become urban Geelong’s most expensive residential home if it achieve price hopes.
That honour currently belong to Raith, a landmark historic home in Newtown, which sold for $6.3m in 2021.
