SOLD
Sold on 23 Nov 2023 for $4,600,000

49 London Bridge Road
Portsea VIC 3944

Bedrooms: 7
Bathrooms: 6
Car spaces: 6
Land area: 2698m2
Sold By
Geoff Hall
Marshall White Sorrento
Ilze Moran
Marshall White Sorrento
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Property Details for 49 London Bridge Rd, Portsea

49 London Bridge Rd, Portsea is a 7 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 2698m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 7 bedroom House sold in Portsea in the last 12 months.

Building Type
House
Land Size
2698m2
Local Government
Mornington Peninsula
Lot/Plan
PC374619

Last Listing description (November 2023)

Positioned amid oasis-like private gardens on almost 2/3rds of an acre, this unique dual-residence property, opposite Portsea Golf Club and just minutes' walk to rock pools and back beach flagged access at the end of the street, showcases an enviable opportunity for extended families or a prestigious investment in the holiday-rental market.

With meandering trails among the established coastal gardens and a glorious selection of alfresco entertaining zones culminating at a solar-heated swimming pool, the property boasts a five-bedroom, four-bathroom main residence as well as a two-bedroom, two-bathroom bluestone guest cottage.

As though lifted from the spread of an interior design magazine, the main house features a sprawling split-level design with a free-flowing layout sweeping through a choice of two voluminous living areas drenched in natural light via a multitude of skylight windows.

An epicurean kitchen with expansive stone breakfast bar, 900mm oven with induction cooktop, dishwasher and a butler's pantry moors the primary living zone, while multiple banks of bifold doors and a pivoting servery window open to a choice of terraces and a built-in barbecue kitchen.

With three ensuites, a fourth full bathroom, a log burner and split-system air-conditioning throughout, the main house is superbly set up for permanent living or weekend getaways surrounded by endless bay and surf beaches and just a short drive to Portsea village.

Currently flourishing on the short-stay holiday market as 'The Glade', the detached and wonderfully private bluestone guest cottage provides its own living area, kitchen, a bluestone open fireplace in the huge main bedroom and a private deck, conspiring to create a superb space to spoil overnight visitors, in-laws or Airbnb guests.

Just a short drive to Sorrento's bustling town centre and around 90 minutes from Melbourne, this incredible property includes dual entry, a built-in trampoline, home office, up to 6 car spots on-site and a built-in EV charger.

Expressions Of Interest close Monday 4th December at 3PM.

Property History for 49 London Bridge Rd, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$4,600,000
23 Nov 2023
Listed for Rent
$1.40k/w
21 May 2019
  • 23 Nov 2023
    Sold for $4,600,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 21 Feb 2019
    Listed for Rent $1,400 / week
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. It has 13 parks covering nearly 62.6% of total area. The population of Portsea in 2011 was 445 people. By 2016 the population was 490 showing a population growth of 10.1% in the area during that time. The predominant age group in Portsea is 60-69 years. Households in Portsea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portsea work in a managers occupation. In 2011, 82.4% of the homes in Portsea were owner-occupied compared with 92.4% in 2016.

Portsea has 1,726 properties. Over the last 5 years, Houses in Portsea have seen a 56.36% increase in median value, while Units have seen a 51.59% increase. As at 31 July 2024:

  • The median value for Houses in Portsea is $2,891,986 while the median value for Units is $1,254,740.
  • Houses have a median rent of $923.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Portsea on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Portsea.

Suburb Insights for Portsea 3944

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.