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5/86 The Terrace

Ocean Grove VIC 3226

2
2
1
71 m²
House
Currently for sale - view listing

Overview

Holiday or Live in the Heart of Ocean Grove!

Imagine finishing a beach swim and being home before the salt dries on your skin. From this centrally placed two-bedroom apartment, Ocean Grove life is experienced in real time, unfiltered, walkable and wonderfully spontaneous. Coffee, cocktails, dinner, a late wander home, it all happens naturally when the town centre and the beach sit so effortlessly within reach. Spread across two well considered levels, the apartment offers separation, flexibility and everyday ease. Upstairs, the north facing living zone is bright and comfortable, opening to a sunny balcony that becomes a natural pause point between day and night. It's a space made for slow mornings, post beach resets and relaxed evenings, supported by a practical galley kitchen that works easily now while leaving room for future refinement. The sleeping zones are deliberately private. The upper-level bedroom sits quietly away from the living areas with its own ensuite and robe, ideal for owners or longer stays. Downstairs, the second bedroom opens directly to a secluded rear courtyard creating a calm retreat that feels removed from the energy outside. With its own private bathroom, this level lends itself beautifully to guests, shared living or holiday use. Storage is generous, the single lock up garage adds convenience and the low maintenance format suits both permanent and part time living. Step outside and the lifestyle takes over. Beaches, cafés, bars and restaurants all within an easy stroll, where days blur into evenings and the village hum becomes part of the backdrop. Rarely does a property offer this level of proximity with such a sense of retreat, making it an outstanding option for downsizers, investors or those seeking a true lock up and leave coastal base with Airbnb potential (STCA). Potential Rental Return: $500-$520 per week

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
71 m² lot size
House

Property history for 5/86 The Terrace

2023
Rented
Undisclosed
Leased on 25 Sep 2023 by _Kerleys Coastal Real Estate
2023
Rented
Undisclosed
Leased on 01 Jun 2023 by _Kerleys Coastal Real Estate

Happy sellers in Ocean Grove

81%
81% 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 25 reviews in Ocean Grove over the last 12 months.

Local market activity for 2 bedroom houses in Ocean Grove

In the last 12 months, 5 two-bedroom houses similar to 5/86 The Terrace, have been sold.

This represents a 55% increase in two-bedroom houses sales when compared to the previous 12 months.

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