4/63A The Terrace,
Ocean Grove, VIC 3226

Elevate your business expectations in Ocean Grove’s thriving main street with this blank canvas property, presenting a rare chance for the savvy owner occupier or investor to secure a foothold in one of the Bellarine’s most vibrant commercial locations. Benefitting from high passing foot traffic, excellent street visibility, and extensive local parking, the high-profile property is perfect for a variety of business, whether retail, office, hospitality, or service-oriented. There’s also exciting upside for developers, with scope to add a 2nd storey and maximise the potential investment returns.

The Facts:
-Rare main street investment within a high-performing retail & dining precinct
-Formerly home to Ocean Grove Travel, the site is being offered for the first time in over 4-decades
-Commercial 1 zoning suits a range of end uses including retail, office & hospitality
-Offered with vacant possession – occupy, invest, or value-add
-Total 63sqm (approx.) floorplan with 5m frontage to The Terrace
-Neat and functional as-is, with potential to renovate or reconfigure
-Includes shopfront with split system a/c + rear storeroom with sink
-Scope to extend upwards to a maximum 11m, with a concrete slab to the first floor already in place
-Rear pedestrian access plus shared toilet facilities
-Great returns for investors with estimated rent of $35K per year (plus GST & outgoings)
-High-profile position, surrounded by a host of recognised national & local traders
-Excellent surrounding lifestyle amenity including Ocean Grove Beach (500m)

*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 inquiries 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.