Cape Otway cottage listed with record price hopes

Cape Otway cottage listed with record price hopes
Joel RobinsonDecember 7, 2020

Storm Point Cottage, a holiday home at Marengo on the eastern side of Cape Otway designed by the veteran architect Peter McIntyre, remains for sale.

Storm Point Cottage is set down its own private road at Marengo surrounded by rolling greenery, synonymous with many of the homes on the popular heritage listed 243 kilometres stretch of road in coastal Victoria. 

Cape Otway cottage listed with record price hopes

The retreat with its neat two bedrooms and two bathrooms sits on an elevated 13.1 hectare parcel. The living and dining spaces watch over the ocean, as does its entertainers deck.

The gardens conclude with absolute ocean frontage including private access to Moo Cow Beach.

It last traded for $1.45 million in 2014, the third highest price paid in the village and its coastal outskirts.

Cape Otway cottage listed with record price hopes

It has been a $440 a night holiday rental.

Abercromby's agent Jock Langley is marketing Storm Point Cottage, with recording breaking hopes in the mid $2 millions to $3 million. 

The most recent highest sale was late last year when a four bedroom, Mount Gambier-stone architecturally designed home at 285 Great Ocean Road sold for $1.55 million on its 10,000 square metre block.

It fell just short of the 2015 record set by a four bedroom Mitchell Street home in native gardens on its 1,500 sqm block that sold for $1.65 million.

Seahouse on Panorama Crescent, another Peter McIntyre designed home, sits as the town's fourth highest price when it sold for $1.45 million in 2013.

It has Otway oceanfront on its compact 800 square metre parcel.

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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