2/53 The Terrace

Ocean Grove VIC 3226

Townhouse

Last sold for $1,825,000

Lynley Bassett, last sold this property on 22 May 2025 after 49 days on market.

Overview

Ocean and River Views on The Terrace

Spectacular location, spectacular views-what more could you ask for? Nestled on The Terrace, this property is just steps away from the main shopping strip and only a few blocks to the main beach. From your balconies or lounge rooms, you can check the beach or river conditions before grabbing your towel and heading down. The coastal vibes extend throughout the home, being freshly painted throughout with floorboards and concrete flooring, extensive glazing, and muted tones that create a serene atmosphere. The first level features a functional space with a spacious lounge room offering the first taste of the stunning views. Whether you're relaxing in the lounge or stepping out onto the balcony, you can enjoy the fresh breeze through modern louvre windows. A sheltered undercover alfresco area leads to a low-maintenance outdoor space. There's also a study or potential bedroom, plus easy access to a wet bar with storage and a vanity. Two additional spacious bedrooms and the main bathroom with modern fixtures complete the downstairs area. Upstairs is where the magic truly happens. Relax in the lounge, checking the beach conditions while enjoying access to another balcony with even better views, stretching over to the Barwon River-an ideal spot to watch the sunset with friends. The lounge also features a gas log fire for the cooler months, complemented by large windows to take in the surroundings. The open-plan dining and kitchen area also offer views and access to another east-facing alfresco space. The kitchen is functional with ample storage and modern hues. Completing the upper level is a powder room and a spacious main bedroom suite with a full ensuite and walk-in robe. A single remote garage adds convenience. If you're seeking a property with an outstanding view in one of the town's best locations, an inspection is a must!

Features

3 bedrooms

2 bathrooms

2 carspaces

1 open car space

1 garage space

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Ocean Grove over the last 12 months, the estimated median property value of 2/53 The Terrace is $1.18m.

Median value

$1.18m

Estimated value range

$710k - $2.05m

Median days on market

Estimated value trend

31%

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.