Gartland is pleased to offer 2/81 The Terrace, Ocean Grove For Sale.
This is a rare opportunity to acquire a freehold in undoubtedly one of the Bellarine Peninsulas most sought after streets, The Terrace Ocean Grove, situated next door to Home Timber Hardware, Coles and the Post office and opposite to Blackmans Brewery, the actual position of the premises is second to none..
This is the perfect opportunity for the astute investor or owner occupier to grab hold of this rare offering.
Property features;
Bellarine Peninsulas number one shopping strip
Superb frontage of 8 metres and depth of 22 metres
First floor with plumbing
Surrounded by AAA tenancies
Customer Car parking directly in front of shop + public car parking at the rear
Build area: 231sqm approx.
Land area: 179 sqm approx.
Zoning: Commercial 1 Zone
The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.
Ocean Grove has 11,903 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
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