Exclusively set within two streets of Victorias most popular beach, its Surf Club and the famous Dunes Caf this property offers that once in a lifetime purchase with guaranteed capital growth unlike no other currently on the market. Two units with separate titles (offered as one purchase) occupy the elevated block of approx. 900m2 surrounded by the areas famous ancient moonahs. Perfectly situated for commercial holiday let, the units lie in a discreet, unsealed, no through road, directly between Ocean Groves best natural attractions, the surf beach and river estuary. A thriving retail precinct is also a short walk away. The brick veneer townhouses consist of one single level, two bedroom property located close to the street front, while a two level, dual living area, refurbished unit at the rear takes advantage of ocean views. Open plan living in unit one includes carpeted lounge adjoining a well equipped kitchen. Large windows and highly raked ceilings within a neutral colour scheme create a great feeling of spaciousness and produce a bright surrounding, highlighting exposed timber beams and supporting balusters with a rustic brick feature wall. Two bedrooms include BIRs and floor to ceiling timber windows continuing the bright airy feel. A private northerly courtyard provides a great entertaining space, maximising sunshine and privacy with its tall secure fencing. Adjoining wet areas include a well sized, tiled bathroom with shower and bath. Next door the laundry offers access to separate toilet and rear service yard. The rear unit has been refurbished since its original build and also benefits from an extensive yard area securely fenced and remaining completely separate from the front property. Indoors, the same architectural features appear in the open plan living, with an updated kitchen offering stainless steel appliances. The adjoining living space has been finished with floating timber floors and rendering to the feature brick wall. Wet areas have been opened up creating one larger space to include large shower with semi frameless screen, bath, vanity, toilet and laundry. While one downstairs bedroom includes fresh carpets, and mirrored robe doors the second has been converted to a multiuse space including stairs (with storage underneath) leading to the second level. This space takes advantage of great ocean views across the tree canopy from a central retreat area with huge sliding doors opening to a viewing deck with glass balustrading. A second bedroom is also located upstairs with BIR. A shared carport space on common land links the two dwellings. With a multitude of potential, this property represents an exclusive investment opportunity!