Back 123 Sunset Strip
Off Market

123 Sunset Strip

Ocean Grove VIC 3226

5
1
644 m²
House
Last sold for $755,000
Travis SmithTravis Smith, last sold this property on 27 October 2023 after 28 days on market.

Overview

SOLD UNDER THE HAMMER Prime Surf Beach Location

Nestled just 250 meters away from the captivating Buckley Park foreshore, 123 Sunset Strip, Ocean Grove, is a rare gem poised to capture your imagination. Situated on a substantial 645-square-meter parcel of land, this property not only offers comfortable living but also unveils a multitude of development possibilities in one of the region's most coveted locations. Property Highlights: 1. Desirable Location: Positioned just a few steps from the serene beauty of the Buckley Park foreshore, this property enjoys an enviable and highly sought-after coastal location. The allure of coastal living is at your very doorstep, offering daily moments of tranquillity and natural beauty. 2. Development Potential: With a generous land area spanning approx. 645 square meters, this property presents an expansive canvas of potential. Explore the possibilities of expansion, renovation, development, or even the creation of your dream coastal oasis (subject to council approvals). The potential is as limitless as your imagination. 3. Comfortable Living: The residence itself features 5 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Ideal for those seeking a relaxed coastal lifestyle, this home offers the convenience of room for boat or caravan storage and a lock-up-and-go lifestyle, all set within a spacious backyard. 4. Proximity to Amenities: Ocean Grove boasts a vibrant coastal community with a wealth of amenities, including schools, shopping districts, dining options, and recreational facilities, all within effortless reach. Convenience meets coastal charm in this idyllic location. This property represents an extraordinary opportunity to secure your slice of the coastal dream. Whether you envision a serene coastal retreat, an investment in Ocean Grove's thriving property market, or a development project with untapped potential, 123 Sunset Strip stands as a prime canvas for your aspirations. Do not miss out on the chance to embrace coastal living at its finest. Contact us today to arrange a private inspection and explore the multitude of possibilities that await at 123 Sunset Strip, Ocean Grove. Your coastal dream begins here, awaiting your personal touch. Why Wait?

Features

5 bedrooms
1 bathroom
644 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 123 Sunset Strip is $1.32m.

Median value
$1.32m
Estimated value range
$810k - $1.88m
Median days on market
85
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocean Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 123 Sunset Strip

2023
Sold
$755,000
Auction Sale on 27 Oct 2023 by Travis Smith, of Harcourts Trends

Happy sellers in Ocean Grove

80%
80% of sellers in Ocean Grove reported that their sale price either exceeded or met their price expectations.

Ocean Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Ocean Grove over the last 12 months.

Local market activity for 5 bedroom houses in Ocean Grove

In the last 12 months, 8 five-bedroom houses similar to 123 Sunset Strip, have been sold.

This represents a 60% increase in five-bedroom houses sales when compared to the previous 12 months.

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