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14 Pearl Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 613m2
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Ripe for renovation or redevelopment

Located in the heart of Ocean Grove, this authentic 1960s beach-shack offers a plethora of opportunities. Whether looking to create your own version amidst this natural establishment or exploring the potential to redevelop the site into a multi-townhouse complex (subject to council approval), the possibilities are expansive.
The property exudes nostalgic charm with 3 bedrooms, 1 bathroom, 2 living areas, functional kitchen, and timber veranda. Central heating and a split system ensure comfort throughout the year. Positioned on a generous 613m2 allotment with a 16.8-meter frontage and no easements , developers have ample opportunity to reconfigure the site among other subdivisions in the same street. Previously leased at $450 per week, it offers potential income while plans and permits are pursued.
Conveniently located within a short walk to the Blue Waters precinct and Ocean Grove Primary School, and just a two-minute drive to Ocean Grove's main hub, surf beach, and sporting grounds, this property combines tranquility, accessibility, and potential profit. Whether you envision a custom-designed home or a strategic development venture, this property embodies the allure and promise of coastal living.
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Property Details for 14 Pearl St, Ocean Grove

14 Pearl St, Ocean Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 613m2. The place is currently for sale with Ocean Grove Real Estate.

Building Type
House
Land Size
613m2

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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 2011 was 12,555 people. By 2016 the population was 14,161 showing a population growth of 12.8% in the area during that time. The predominant age group in Ocean Grove is 0-9 years. Households in Ocean Grove are primarily couples with children 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 2011, 75.8% of the homes in Ocean Grove were owner-occupied compared with 76.1% in 2016.

Ocean Grove has 11,326 properties.

    There are currently 164 properties listed for sale, and 30 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 364 properties were sold in the past 12 months in Ocean grove.

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