58 Grubb Road, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

58 Grubb Road
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 675m2
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Property Details for 58 Grubb Rd, Ocean Grove

Building Type
Commercial
Land Size
675m2
Local Government
Greater Geelong
Lot/Plan
1/LP42996

Last Listing description (May 2023)

Positioned for maximum exposure for you and your business, with Grubb Road placement in an already established and thriving industrial hub. 675 sqm (approx.) allotment with existing warehouse/shedding in place and ready for immediate use.

- 10.2 x 16.2 warehouse/shed

- Fantastic Grubb Rd exposure
- Toilet and washroom
- High clearance roller entry x 2
- Potential for further office/showroom fitouts
- Additional car parking on site
- Car hoist in-situ
- Undercover storage to rear
- Secure fencing and double gated access
- Entry via service road
- Great for tradespeople/workshop
- Commercial lease in place
- Multi use and incredible flexibility

Located within the gateway to Ocean Grove and the Bellarine Peninsula surrounded by successful local businesses, with easy accessibility to the Geelong CBD and surrounding suburbs. An affordable option for business investors, adding to your portfolio in an area with strong growth and secure demand with tenants. Equally attractive for tradespeople, mechanics, as a creative studio or a showroom space.

Land size 675 sqm (approx.).

Property History for 58 Grubb Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$915,000
23 May 2023
  • 23 May 2023
    Sold for $915,000
  • 14 Apr 2023
    Listed for Sale Contact Agent
  • 23 Feb 2023
    Transferred
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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of 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 11,874 properties. Over the last 5 years, Houses in Ocean Grove have seen a 17.26% increase in median value, while Units have seen a 27.10% increase. As at 31 January 2026:

  • The median value for Houses in Ocean Grove is $1,046,564 while the median value for Units is $842,810.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 137 properties listed for sale, and 13 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 544 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.