Pay no electricity bills in this multimillion-dollar beachside home for sale

A luxurious home for sale with no electricity bills to-date sounds too good to be true.

But as stated on the listing for the five-bedroom property at 20 Bunya Drive in Cape Woolamai, Victoria, you could reduce your cost of living with an impressive solar system.

With a price guide of $2.24 to $2.448 million, the beachside home boasts a 32 kilowatt solar system with 97, two metre by one metre, frameless self-cleaning solar panels.

Switching to solar energy is not only beneficial to the environment but also helps to reduce day-to-day living costs.

20 Bunya Drive, Cape Woolamai, Victoria

SOLD - $2,200,000

20 Bunya Drive, Cape Woolamai VIC 3925

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In a nutshell, the more solar panels you have installed at home, the more energy you produce and the less of a reliance on Australia’s electricity grids.

The Office of Energy Efficiency and Renewable Energy gives an explanation of how solar energy works on its website.

“When the sun shines onto a solar panel, energy from the sunlight is absorbed by the photovoltaic cells in the panel. This energy creates electrical charges that move in response to an internal electrical field in the cell, causing electricity to flow.”

Listed by Anthony Clark of One Agency Country to Coast, the multimillion-dollar home is located in Cape Woolamai, a popular surfing beach and a town at the southeastern tip of Phillip Island.

Occupying two levels, the three-bathroom property has a sleek exterior and offers breathtaking views of the ocean from the living and dining areas.

There is ample space to entertain with two upstairs decks, a downstairs alfresco area and a low-maintenance yard.

A chef-style kitchen is also another standout feature with multiple ovens and a spacious walk-in butler’s pantry.

Interiors are modern with double-glazed windows, oak floors and a statement hardwood staircase.

Four other properties for sale in Cape Woolamai, Victoria

26 Broadwater Avenue

SOLD - $865,000

26 Broadwater Avenue, Cape Woolamai VIC 3925

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114 Lantana Road

SOLD - $1,500,000

114 Lantana Road, Cape Woolamai VIC 3925

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2A Lantana Road

NEW PRICE $895,000 to $910,000

2A Lantana Road, Cape Woolamai VIC 3925

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8 Maroubra Drive

SOLD - $854,100

8 Maroubra Drive, Cape Woolamai VIC 3925

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