14 Riverside Tce, Barwon Heads, is one of only a handful of properties in town with a private boat ramp.
The demolition of a modernist house by renowned architect Neil Clerehan has created a rare riverfront home site in Barwon Heads.
After selling for a record $6.75m price six years ago, the original double block in Riverside Tce has been cleared and subdivided ready for its next chapter.
Buyers will need deep pockets to get their hands on the newly created 799sq m parcel at No. 14 that’s hit the market with a $5m to $5.5m price hopes.
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But those with the cash to splash will enjoy 12m of exclusive Barwon River frontage and a new engineered private boat ramp.
Bellarine Property, Barwon Heads listing agent Levi Turner said it was the first vacant riverfront block to come up for sale in his 12 years of real estate in the town.
The last knockdown rebuild prospect to sell along the stretch back in 2022 was in nearby Talbot St where a controversial mansion is currently under construction.
Mr Turner said the vendors of 14 Riverside Tce always had the intention to subdivide the original property at some point.
The exclusive riverfront position is the most desirable address in town.
The block has a 12m Barwon River frontage and a northern boundary spanning 68m.
“It was always two titles but the house went across the whole lot so they have demolished the house,” he said.
“They are going to build a house on the north side and are selling the south block.
“It’s one of only 25 properties on the river and then it is one of only eight with it’s own boat ramp, whether it’s for a little boat or kayak or stand-up paddle.”
The east-west oriented block has views over the Ozone Jetty, Barwon Heads Bridge and the Bluff that can never be built out.
Mr Turner said he expected buyers at this price point to spend anything up to $3m on a luxury home showcasing the incredible natural setting.
He wouldn’t be surprised if the expressions of interest campaign closing on November 14 attracts someone who already has a connection to Barwon Heads.
The previous house on the site was designed by architect Neil Clerehan.
It was in original condition when it sold in 2019.
“It was the same when these guys bought it … they had a property in the street behind and bought this to get on the river,” he said.
“History shows the majority of properties that get sold on the river here get bought by somebody that already has a property here. The just recognise how rare they area and how awesome it is.”
The original 1970s house at 14-16 Riverside Tce, designed by Clerehan, set a new price record for the Geelong region when it last sold in 2019.
The architect, who died in 2017, has been described as a giant of the modernist architecture movement.
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