5/2-6 Great Ocean Rd, Marengo is a 2 bedroom, 1 bathroom House and was built in 1990. The property has a land size of 645m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Set on 4 hectares of beautifully landscaped surrounds in one of Marengos most desirable locations overlooking the ocean, this property has beautiful views of nature at every turn. A rare offering to secure one of only eight traditional style solid brick cottages separated by native shrubs and gardens and overlooking a stunning ornamental lake. With views of the coast and the Otway ranges, this cottage comprises of two bedrooms and is an investment in something truly unique. Offering endless potential as a weekend getaway, an investment or a permanent place of residence.
Share the enjoyment of 2.4 ha (6 acres) of manicured common property between you and the beach.
This cottage has a generous living space with a brick open fireplace providing ambiance and warmth in the cooler months. Bedrooms with robes, main bathroom with corner spa and shower, full laundry, timber kitchen with dishwasher, heating and air-conditioning and parking for 2 cars or a car and a boat. Rare in its outlook and one that can never be lost, this cottage has proven to be a solid investment with impressive earning potential.
The size of Marengo is approximately 2.7 square kilometres. It has 3 parks covering nearly 8.1% of total area. The population of Marengo in 2011 was 222 people. By 2016 the population was 229 showing a population growth of 3.2% in the area during that time. The predominant age group in Marengo is 60-69 years. Households in Marengo are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Marengo work in a trades occupation. In 2011, 84.4% of the homes in Marengo were owner-occupied compared with 65% in 2016.
Marengo has 358 properties. Over the last 5 years, Houses in Marengo have seen a 48.79% increase in median value, while Units have seen a -9.99% decrease. As at 31 October 2024:
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