This asset offers an excellent chance to grow your business, diversify your investment portfolio, or acquire a premium development site with limitless possibilities.
Situated amidst a growing retail landscape, this property enjoys proximity to existing major retailers such as Aldi, Woolworths, Dan Murphy's, and Petstock, enhancing its appeal and potential foot traffic.
Additionally, a diverse range of smaller retailers, including childcare facilities, medical clinics, fast-food outlets, and gyms, further enrich the commercial environment, ensuring a dynamic marketplace for potential investors.
Facts
Commercial 2 Zoning
Two driveway laybacks per lot
Two separate titles with further subdivision possibilities
Nearby residential developments: Kingston Ocean Grove, Kingston Coast and Oakdene Estate
Located in the Ocean Grove North-East Growth area
Servicing a growing population of 17,714+ in Ocean Grove
25 minutes to Geelong CBD and 90 minutes to Melbourne CBD
9-11 Goodwell Drive, Ocean Grove
2,740sqm lot
42.42m frontage
64.63m depth
2m easement at rear of the lot
13-15 Goodwell Drive, Ocean Grove
2,733sqm lot
39.43m frontage
64.56m depth
2m easement at rear of the lot
Sales Process
For sale by Expressions of interest
5% of the purchase price is required as a deposit
Settlement period of 60/90/120 days, or as negotiated with parties
Submit offers via the offer to purchase form located on the appendix page of the Information Memorandum
For further information and to request a copy of the Information Memorandum, please contact us today.
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 11,294 properties. Over the last 5 years, Houses in Ocean Grove have seen a 36.81% increase in median value, while Units have seen a 21.01% increase. As at 31 October 2024:
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