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1-4/59 Powell West Street

Ocean Grove, VIC 3226, Australia
$1.15m
2 bed 2 bath 2 car

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Area Price Guide
$1.08m$1.22m

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87
Comparable
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$1.45m
Area median
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-21%
vs median
🗓️
1 week ago
Listed

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About this property

Open Tuesdays from 11am - 11.20am This immaculate new-build townhouse development offers low-maintenance luxury and relaxed coastal living in a quiet, leafy 'Old Grove' location. Embrace new build benefits including stamp duty savings, negative gearing eligibility and strong depreciation advantages. Designed for effortless lock-and-leave living, the contemporary development comprises four boutique two-bedroom townhouses where clean architectural lines, first-class finishes and flawless custom craftsmanship combine with warm sophisticationideal for holidaymakers, downsizers or lifestyle-focused buyers. Offering a choice of single and double-storey layouts, each residence is anchored by a light-filled open-plan living and dining domain. Here, rich timber flooring, bold glazing and streamlined detailing reflect the home's modernist influence, seamlessly connecting to a private alfresco courtyard for relaxed entertaining. Designer kitchens complement the crisp coastal palette with luxe stone benchtops, premium Bosch appliances and minimalist joinery, while accommodation is equally refined. An elegant main bedroom with ensuite, second robed bedroom and chic, fully tiled bathroom provide stylish comfort for both permanent living and weekend escapes. Enhancing everyday ease, each seaside retreat is appointed with bulkhead reverse-cycle climate control to living and bedroom spaces, a single garage or carport, and an impressive average 6.5-star energy rating. The prized 'Old Grove' location ticks all the lifestyle boxes a quiet, leafy, tree-lined street, a stone's throw from the park and a short stroll to the vibrant village centre and glistening shoreline. - A brand-new modern townhouse development by Corinthian Design Studio - Four boutique two-bedroom residences with single or double-storey options - Prime central address delivering effortless coastal lifestyle living - Warm coastal interiors with timber flooring and abundant natural light - Premium finishes including Bosch appliances, stone benchtops and reverse-cycle air conditioning - Ideal lock-and-leave opportunity for downsizers, weekenders or short-stay accommodation 1/59 Powell Street, Ocean Grove = $1,395,000 to $1,495,000 2/59 Powell Street, Ocean Grove = $1,150,000 to $1,250,000 3/59 Powell Street, Ocean Grove = $1,195,000 to $1,295,000 4/59 Powell Street, Ocean Grove = $1,375,000 to $1,475,000 (Prospective purchasers should seek independent financial advice regarding the potential negative gearing benefits associated with newly constructed properties under the Government's proposed policy changes.)

Property Features

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    Repayment calculator

    $5,575/month
    $2,788 /fortnight
    Loan $920,000 at 6.10% over 30 years

    Upfront costs

    Deposit$230,000
    Stamp duty$63,250
    Conveyancing (est.)$2,000
    Total upfront$295,250
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    townhouse
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Listed
    1 week ago

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