Original waterfront beach hut in a sturdy bag with a price tag of $6 million – realestate.com.au

In the coastal town of Barwon Heads, next to Ocean Grove, properties remain in families for generations. But now that a number of local people who have been working in aged care for a long time have presented themselves with an exciting opportunity.

Of the 25 or so riverfront properties in Barwon Heads, the laid-back beach town on Victoria’s Bellarine Peninsular, there are only about six old houses.

Most of the original houses have long been replaced by large, modern houses that dominate the coastline.

The four-bedroom, two-bathroom property at 49 Flinders Parade, Barwon Heads, was last renovated about a quarter of a century ago, but that hardly matters.

Every waterfront home up for grabs along this prized stretch of coastline is a big deal.

“On the Gold Coast, people are building waterfront sites to sell. That just doesn’t happen here. These are generational homes that people are keeping,” says agent Levi Turner of Bellarine Property.

The neat and tidy house is packed with potential. Image: realestate.com.au

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The two-storey house on Flinders Parade occupies a 639m² block with 16m of absolute waterfront and offers breathtaking views across the Barwon River to the bridge, cliff and Ocean Grove.

“You have a water view from almost every room. You walk out the back gate and you’re standing on the sand, and then you can just walk along the beach into town, which is pretty cool,” Mr Turner said.

The property is being offered through a six-week expressions of interest campaign, with a guide price of $5.8 million – $6.3 million.

It has a price guidance of $5.8 million – $6.3 million. Image: realestate.com.au

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While the average house price in Barwon Heads is $1.44 million, riverside properties can fetch up to $9 million.

The house is dated and full of character and has a very flexible floor plan. The entrance opens to a family area leading to an open plan kitchen and living and dining area. This opens onto a sheltered east-facing terrace and lawn, which simply slides into the water.

The riverside plot of 639 m² has an area of ​​16 m² on the river. Image: realestate.com.au

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On the ground floor there are two possible bedrooms and a rumpus room, while upstairs there are three more bedrooms. Outside there is a garage and a storage room.

Mr Turner said the property “may not be ultra-modern, but it is in great condition”.

Although he expects it will eventually be torn down and rebuilt, like other buildings along the river.

Imagine waking up with these views. Image: realestate.com.au

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The current owners, who are leaving their beloved home and moving into aged care, say in the ad that “waking up to the sunrise over the river never loses its magic”.

“The water feels like an extension of our backyard: we can kayak, swim or just sit and watch the tides. It’s a lifestyle that makes every day feel like a vacation,” they add.

Not ultra modern, but in great live-now condition. Image: realestate.com.au

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Mr Turner said there had been steady interest from locals looking to upgrade in the area.

“We went through about three people, which doesn’t seem like a lot, but at $6 million, you’re not going to be swamped with buyers in our city.

“Of them, two are genuinely interested and both already have properties in Barwon Heads,” he added.

“People just love this area.”