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140 Powell Street East

Ocean Grove, VIC 3226, Australia
4 bed 0 bath 2 car814m²

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AI Valuation Estimate
$1.08m$1.22m

Based on recent comparable sales in Ocean Grove

+6.2% suburb growth over 12 months
🏫
8.4/10
Schools
🚇
87/100
Walk Score
📈
+6.2%
Growth
🛡️
9.1/10
Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

The Feel: Set on an expansive 814sqm (approx.) allotment in a tightly held pocket of Old Ocean Grove, this solid brick home presents an exceptional opportunity to secure scale, position and future potential in one compelling package. Surrounded by established trees and generous gardens, the property offers immediate comfort with scope to renovate, extend or redevelop (STCA). Inside, original character and a practical single-level layout provide a functional base, while the deep backyard and wide frontage invite imagination. With direct access to the sporting precinct, just 900m to the town centre and only 750m to the beach, the lifestyle credentials are equally impressive. Whether you choose to modernise, reconfigure or create something entirely new, the proportions and prime positioning of this site make it a rare and exciting prospect. The Facts: -Expansive 814sqm (approx.) allotment in tightly held Old Ocean Grove -Exceptional land value & future flexibility in a proven growth location -Solid brick, single-level residence with generous proportions, presents as a comfortable home -Exciting scope for renovation, extension or redevelopment (STCA) -Wide frontage & deep rear yard provide excellent design potential -Established gardens & mature trees create privacy & natural beauty, with substantial lawn areas -Light-filled formal living room positioned at the front of the home, enjoying garden outlooks -Original kitchen with ample cabinetry & adjoining meals area -Easy indoor-outdoor flow via sliding doors to the rear garden -Flexible floorplan with 3 bedrooms plus versatile extra room for home office -Well-proportioned bedrooms with built-in storage, serviced by a central bathroom -Practical laundry with external access -Separate garage & additional shedding provide storage plus generous off-street parking -Direct access to the sporting precinct, just 900m to town centre & 750m to the beach The Owner Loves. "Being able to walk to the beach, the sporting grounds and into town has made everyday life so easy. We've always treasured the size of the block and the established gardens it's really exciting to see what someone new could create here." *All information offered by Bellarine 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 Bellarine 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. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    AI Neighbourhood Insights

    🏫
    8.4/10
    School Rating
    Top catchment
    🚇
    87/100
    Walk Score
    Very walkable
    📈
    +6.2%
    Capital Growth
    Last 12 months
    🏡
    1.4%
    Vacancy Rate
    Very low
    🛡️
    9.1/10
    Safety Score
    Very safe
    8.8/10
    Lifestyle Score
    Excellent amenities

    Within 5km

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