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5/2-6 Great Ocean Road, Marengo$720,000
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5/2-6 Great Ocean Road

Marengo, VIC 3233, Australia
$700,000 – $740,000
2 bed 1 bath 2 car645 m²

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About this property

Located in one of Marengo's most exclusive pockets, this charming brick cottage offers a rare opportunity to embrace the coastal lifestyle in full. Lot 5 spans 645m² and sits within a beautifully maintained 2.4-hectare estate, shared by just eight cottages, each privately nestled among native gardens and overlooking a tranquil ornamental lake. From the moment you arrive, you're greeted by sweeping views of the Southern Ocean and Otway Ranges, with the sound of waves and birdsong setting the tone for relaxed living. Directly opposite the beach and newly renovated, this property is ready to enjoy from day one. Whether you're seeking a weekend retreat, a permanent sea change, or a high-performing investment, this property delivers on every front. Why you'll love it: One of only eight solid brick cottages in a tightly held enclave Elevated position with uninterrupted views of the coast and hills Shared access to 6 acres of manicured common grounds, lush lawns, native plantings, and a peaceful lake Just minutes to Apollo Bay's vibrant cafes, shops, and beachside attractions A rare blend of privacy, community, and natural beauty Inside, you'll find: Two bedrooms with built-in robes Spacious living area with a brick electric fireplace, the cosy charm of an open fireplace without the inconvenience Timber kitchen, full laundry, and a large bathroom Heating and air-conditioning for year-round comfort Parking for two vehicles or a car and boat This is a property that offers more than just a place to live, it's a lifestyle. With proven rental returns and timeless appeal, it's a smart investment in one of the Great Ocean Road's most picturesque settings. Marengo is a hidden gem just moments from Apollo Bay, offering the best of both worlds: peaceful seclusion and easy access to everything the coast has to offer. From surfing and hiking to dining and exploring, this location is all about living well. Rare in its outlook, rich in potential, this is coastal living with soul.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
645 m²
Listed
3 months ago

Repayment calculator

$3,491/month
$1,745 /fortnight
Loan $576,000 at 6.10% over 30 years

Upfront costs

Deposit$144,000
Stamp duty$38,270
Conveyancing (est.)$2,000
Total upfront$184,270
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.

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Neighbourhood

Living in Marengo

This 2-bedroom apartment in Marengo, VIC 3233 sits within reach of public transport, local amenities. It is listed 11% below the $812,500 median of 87 comparable apartmentswithin 5 km.

What's nearby

  • Harrison St/Marengo Cres (bus)231 m away
  • Heathfield Estate Reserve955 m away
  • Apollo Bay Recreation Reserve1.4 km away

Marengo at a glance

Full suburb profile
Population
272
Median age
59
Household income
$1,292/wk
Median rent
$282/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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