OFF MARKET

8 Ocean Park Drive
Marengo VIC 3233

Bedrooms: 7
Bathrooms: 6
Car spaces: 5
Floor area: 333m2
Land area: 3994m2
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Property Details for 8 Ocean Park Dr, Marengo

8 Ocean Park Dr, Marengo is a 7 bedroom, 6 bathroom House with 5 parking spaces and was built in 1997. The property has a land size of 3994m2 and floor size of 333m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1997
Floor Size
333m2
Land Size
3994m2
Local Government
Colac Otway
Lot/Plan
34/LP221748

Last Listing description (December 2022)

Marengo Beach Studios is a hidden sanctuary, nestled amongst stunning native and exotic gardens.
The main residence boasts a spacious open plan living area with wood fire providing an enormous living area for the family. The large entertainer's, modern kitchen with separate butler's pantry is stacked with ample storage space and looks through to a gorgeous outdoor living area. Large north facing windows make this a very light room that also keeps the house warm in the winter.
The home has 3 bedrooms and 2 bathrooms and an adjoining large unit for friends and family. Downstairs includes one bedroom with built in robes and a beautiful bathroom with shower, vanity, and toilet. The 2 bedrooms located upstairs are impressively sized, gifting you with ocean and sunrise views from bed as well as access to the north facing deck. The master bedroom with walk in robe has an exquisite ensuite which includes a bath, vanity, toilet, and shower. The other upstairs bedroom includes walk in robe and access to the balcony.

The home and the Studios all have split system air cons for heating and cooling, the house has a very spacious internal laundry, a generous double garage.
There is a separate enormous workshop and a Yoga studio too. Attached to the shed is a undercover space which could store a caravan, boat, or car, currently storing firewood.

Attached to the residence are 3 cleverly designed holiday accommodation studios; each one with their own private garden courtyard, entrance, and car park. The units come fully furnished with all furniture in excellent condition.
Currently run as an accommodation business by the present owners, with an outstanding income, but this could be handed to a 'Holiday Rental Manager' for a total hands free income.

This 1-acre property has been thoughtfully planted out to be low maintenance, offering seclusion with some of the best landscaped gardens in the private Heathfield Estate. Secret gardens dotted around have been given just as much love and attention as the home and business.

Positioned 300m from the beach and the Great Ocean Road, a walk or very short bike ride to the shops and amenities of Apollo Bay.
The property also includes 10 kws of recently installed Solar Panels, three phase power established fruit orchards, vegetable gardens and 'Igloo' green house.

Features include;-

3 Studio Apartments with ensuites and private court yards & gardens
The home includes;-
4 bedrooms
2 bathrooms Butler's pantry
Wood fire
Split systems A/Cs through-out
Double garage & under cover parking for 5 vehicles
Established gardens and fruit trees
10kKws Solar Power
3 Phase power
Massive established gardens
Large shed/workshop
Yoga Studio

Property History for 8 Ocean Park Dr, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$2,200,000
08 Nov 2022
  • 08 Nov 2022
    Sold for $2,200,000
  • 21 Jul 2022
    Listed for Sale $2,600,000
  • 07 Nov 2016
    Sold for $895,000
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About Marengo 3233

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 357 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:

  • The median value for Houses in Marengo is $1,147,316 while the median value for Units is $421,124.
  • Houses have a median rent of $280.
There are currently 4 properties listed for sale, and no properties listed for rent in Marengo on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Marengo.

Suburb Insights for Marengo 3233

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.