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54 Powell Street West

Ocean Grove, VIC 3226, Australia
$1.20m
3 bed 1 bath 2 car849m²

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Area Price Guide
$1.13m$1.27m

Indicative price guide range

🏘️
85
Comparable
📊
$1.45m
Area median
⚖️
-17%
vs median
📐
$1,413
Per m²
📏
849 m²
Land
🗓️
1 week ago
Listed

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About this property

Defined: In the pulse of Ocean Grove, this renovated beach house on 850sqm (approx.) delivers an address charged with lifestyle, scale and possibility. From the front yard, the village becomes part of the atmosphere. Coffee beans in the morning air, restaurants close enough for spontaneous dinners, parklands an easy flat stroll away and patrolled beaches ready for endless summer days. Inside, fresh coastal interiors bring light, comfort and relaxed appeal, making the home immediately enjoyable as a weekender, holiday base, permanent residence or Airbnb while future plans take shape. Zoned Residential Growth Zone 3, the property also carries genuine development weight, with scope for subdivision, townhouse or apartment development, a new coastal residence or strategic land bank position in one of Ocean Grove's most walkable settings (STCA). Live it, lease it, holiday in it or think bigger. This is 850sqm of opportunity with town assets at your door and the future wide open. Considered: Kitchen Freshly renovated kitchen filled with natural light, 600mm stainless steel oven with electric cooktop, Omega dishwasher, feature Acrylic splashback, ample bench space, built-in pantry cupboards, hybrid flooring and task lighting Living Sunny and bright with an expanse of original aluminum windows drawing in beautiful natural light. Desirable north orientation, hybrid flooring, feature lighting, reverse cycle heating & cooling, electric wall heater, external sun blind and beautiful garden outlooks Dining Oversized dining area offering plenty of space for gatherings with family and friends. Hybrid flooring, feature pendant light, warmed by an abundance of natural light and pleasing outdoor vistas Three Bedrooms Light-filled and beautifully scaled, all with built-in robes, engineered timber floors and ceiling fans Bathroom Spacious bathroom with separate vanity area, outstanding storage capacity, engineered timber floor, wall heater and adjacent shower/w.c room Outdoors 850sqm of pure potential! Desirable northern aspect with 20 metre frontage, exceptional scope for future redevelopment (STCA). Residential Growth Zone 3 (RGZ3). Carport, large single garage and garden shed. Ample off street parking. Ramped access to the front and rear. Established trees and gardens inducing privacy. Close by facilities The Terrace, Ocean Grove main beach, Ocean Grove Primary School, bowling club, golf club, Blue Waters Lake Reserve, Ocean Grove Park & boat ramp Ideal for Families, investors, professionals, builders & developers *All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*

Property Features

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    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Upfront costs

    Deposit$240,000
    Stamp duty$66,000
    Conveyancing (est.)$2,000
    Total upfront$308,000
    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
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Land Area
    849m²
    Listed
    1 week ago

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