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5/103 The Terrace

Ocean Grove VIC 3226

2
1
1
136 m²
Unit
Currently for sale - view listing

Overview

Coastal Potential in a Blue-Chip Location

Perfectly positioned at 5/103-105 The Terrace, Ocean Grove, this two-bedroom unit offers a rare, entry-level opening into the absolute heart of the coastal town. Set on a manageable 136m², the home is the definition of a "blank canvas"-neat, functional, and ready for you to move in now while you map out your own future improvements. The exterior of the unit immediately catches the eye with classic retro-look awnings fitted on all windows, providing both character and practical shade that fits perfectly with the seaside vibe. An east-facing front door ensures you capture beautiful morning sun, while the main living area stays comfortable year-round thanks to a dedicated split system for heating and cooling. The kitchen is straightforward and practical, allowing you to finish the installation to your own taste; there is a plumbed corner space perfectly suited for a European-style laundry. While the home remains basic and honest, the bathroom has been tastefully updated with encaustic-look tiles, adding a subtle touch of style to the practical design. Both bedrooms are surprisingly large, offering a sense of space often missing in modern units. Security is a breeze with a single carport at the front featuring an electric secure roller door. Crucially, the thoughtful design includes extra space at the rear of the carport, providing an ideal spot for a small workshop, secure storage for boards, bikes, or tools. This leads directly to the private west-facing courtyard, which becomes a sun-drenched sanctuary in the afternoons, perfect for lowmaintenance outdoor living. The location is truly unbeatable. Leave the car behind and walk to the vibrant Terrace shopping strip, local parklands, and the pristine sands of Ocean Grove Beach. Whether you are looking for a first home, a savvy investment, or a highdemand short-term holiday rental, this property is a solid, no-nonsense choice in a premier coastal pocket.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
136 m² lot size
Unit

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 24 reviews in Ocean Grove over the last 12 months.

Local market activity for 2 bedroom units in Ocean Grove

In the last 12 months, 6 two-bedroom units similar to 5/103 The Terrace, have been sold.

This represents a 15% increase in two-bedroom units sales when compared to the previous 12 months.

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