Major coastal landholding on Great Ocean Road hits market
Located along the Great Ocean Road in Aireys Inlet, it's rare for a property of this magnitude to come onto the market.

A once-in-a-generation opportunity on the Great Ocean Road

The Great Ocean Road is one of the most iconic tourist destinations in Australia, which makes properties like 1005 Great Ocean Road in Aireys Inlet an offering investors sit up and pay attention to.

The 23.6-hectare property known as Jumbunna has been brought to market by Colliers and Moonah Real Estate on behalf of Australian businessman Malcolm Freake.

Set just 500 metres from the beach and surrounded by native bushland, the expansive property presents an opportunity for future residential or selected commercial uses, subject to council approval.

House, land, sea
A three-bedroom house currently sits on the property, and agents suggest commercial expansion with luxury accommodation could be an option..

At the centre of the estate sits a Spanish-inspired house created by internationally renowned Australian soprano Dame Joan Hammond.

The three-bedroom, two-bathroom home is designed to take advantage of sweeping ocean views and includes resort-style features such as a swimming pool, tennis court and private helipad.

The sales campaign is being managed by Colliers agents Ben Young and Ned Tansey in conjunction with Moonah Real Estate’s Darcy Bennett and Simon Bogdanov, with the property offered via an expressions-of-interest campaign closing April 15.

Bedroom
The residence was designed with Spanish influence and boasts a swimming pool, tennis court and helipad.

Colliers Geelong branch manager Ben Young says the property represents a once-in-a-generation opportunity to secure a substantial coastal holding with long-term potential.

“1005 Great Ocean Road is a once-in-a-generation opportunity,” he says. “Its scale, seclusion and extraordinary setting make it unique, and the future potential here is enormous.

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“Whether considering a private estate, a luxury retreat, or a blend of residential and low-impact commercial uses, this site gives purchasers a rare level of freedom to imagine what comes next.”

Beach, Great Ocean Road
The property sits just 500 metres from the beach.

Aireys Inlet has long attracted buyers seeking a quieter alternative to the Surf Coast’s larger tourist hubs, offering a village atmosphere alongside proximity to some of the region’s most recognisable natural landmarks.

Moonah Real Estate principal Darcy Bennett says the location’s combination of coastal beauty and exclusivity continues to drive interest from buyers.

“Aireys Inlet is unlike anywhere else on the Surf Coast,” he says. “It has a genuine village feel, incredible natural beauty and a sense of exclusivity that people value deeply.

“You’re moments from beaches, walking trails and the iconic Split Point Lighthouse, yet far from the intensity of the major coastal centres. That’s exactly why properties like this attract so much interest – they’re simply not making any more of them.”