Stylish off-the-grid property draws interest to St Leonards retreat
THE opportunity to go off-the-grid in style proved the perfect sweetener for Melbourne buyers who had a long association with the Bellarine Peninsula.
The buyers secured a five-bedroom St Leonards home Belle Ombre for $1.152 million, ending a relatively quick eight-week campaign to sell the 8455sq m property overlooking Salt Lagoon and Port Phillip Bay.
MORE READING: Young Aussies have housing ‘blind optimism’
Four push Hamlyn Heights home $65K over reserve
Can the SeaChange effect happen again?
Bellarine Property selling agent Lee Martin said the property at 152-160 Harvey Rd, St Leonards, attracted 70 groups during the campaign during a quiet time for the Bellarine Peninsula’s acreage market.
“It had some magic about it, a country feel and it was only two acres, so all the maintenance that’s normally associated with acreage is quite low.
“Plus the view from upstairs of the bay and over Salt Lagoon there and the St Leonards Golf Club next door meant it was a pretty good spot.”
Mr Martin said the property attracted a lot of interest from Melbourne buyers, although the work that goes with an off-the-grid property turned some away.
Yet two groups were trying to buy it when the contracts were signed, he said.
“They’re from Melbourne but very much affiliated with Portarlington,” Mr Martin said.
“They had a holiday home in Portarlington and had holidayed there for decades while they based themselves in Melbourne. They very much consider themselves local to Portarlington.”
Mr Martin said the off-the-grid aspect of the property was attractive to environmentally-conscious buyers.
“It’s pretty different — I think the off-the-grid aspect attracted the buyers as well. It was on town water but everything else was off the grid — it was fully on solar, bottled gas and septic as well.
“It attracted a lot of people but the logistics of that didn’t work for some people who understood the implications. People liked the idea of making less of a footprint on the environment.”
The five-bedroom house had four living zones, a surrounding veranda, upstairs balcony and turret above that provided another spot to watch the coast.