5/40 Marine ParadeOcean Grove VIC 3226
Property Details for 5/40 Marine Pde, Ocean Grove
Last Listing description (July 2026)
Colliers is excited to offer this brand-new warehouse at Unit 5, 40 Marine Parade, Ocean Grove For Lease.
• Total building area 156m2*
• On Site car parking
• High end finishes with kitchenette and accessible toilet/shower
• Modern architect designed complex
• Great natural light
• High internal clearance
Rent $29,500pa plus GST and outgoings
For Further information or to arrange an inspection, please contact our Colliers Agents:
Ben Young | 0407 296 679
Jackson Carrick | 0428 879 994
Chris Nanni | 0438 306 361
*Approximately
Property History for 5/40 Marine Pde, Ocean Grove, VIC 3226
- 27 Oct 2025Listed for Rent $29,500 / week
- 16 Jun 2025Sold for $783,020
Recent sales nearby
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0About Ocean Grove 3226
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 11,865 properties. Over the last 5 years, Houses in Ocean Grove have seen a -0.83% decrease in median value, while Units have seen a -0.32% decrease. As at 30 June 2026:
- The median value for Houses in Ocean Grove is $1,034,776 while the median value for Units is $844,094.
- Houses have a median rent of $650 while Units have a median rent of $550.
Suburb Insights for Ocean Grove 3226
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