For Sale

5/86 The Terrace, Ocean Grove, VIC, 3226

$749,000-$799,000

2
2
1
71 m²

House

30+ days on the market

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What's around 5/86 The Terrace

Now Freshly Painted with New Carpet!

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. Recently refreshed with newly installed carpets and fresh paint throughout, the interiors feel crisp, clean and immediately inviting. 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. Both bedrooms benefit from the recently updated carpets and freshly painted walls, enhancing comfort and presentation. 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

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