2/78 The Terrace, Ocean Grove, Vic 3226

$1,075,000-$1,175,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, June 02, 2026 ( See property details for 2/78 The Terrace, Ocean Grove, Vic 3226)

$1,075,000-$1,175,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary 2-bedroom apartment offering stunning ocean views, premium finishes, and effortless coastal living in the heart of Ocean Grove.

🏡 Property Highlights

  • Stunning ocean and river views from expansive balconies
  • Contemporary design with high-quality finishes and fixtures
  • Open-plan living area with high ceilings and abundant natural light
  • Secure, low-maintenance 'lock-and-leave' apartment in a central location
  • Gourmet kitchen featuring Smeg appliances and Caesarstone island
  • Two generous bedrooms with built-in robes and private balconies

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Waterfront / Views
  • Ceiling Fans
  • External Storage (Shed/Linen)
  • Home Office / Study

Ocean Grove offers a vibrant coastal lifestyle with pristine surf beaches, renowned wineries, and a lively community atmosphere. Its walkable town centre features cafes, boutique shopping, and local attractions, making it an ideal location for relaxed yet convenient living. The area is well-connected with excellent amenities and outdoor recreational opportunities, perfect for both permanent residents and holidaymakers. Enjoy stunning coastal scenery and a friendly neighbourhood vibe in this sought-after seaside town.

What are the main lifestyle benefits of this apartment?
This apartment offers a relaxed coastal lifestyle with stunning ocean and river views, spacious outdoor entertaining areas, and proximity to beaches, wineries, and local amenities, perfect for both permanent living and holidays.
Does the apartment have an open-plan living area?
Yes, the apartment features a large open-plan living, dining, and sitting area that maximises space and natural light, with seamless flow onto outdoor balconies.
Is the apartment suitable for working from home?
Yes, it includes a dedicated study nook that provides a functional space for working remotely.
What kind of heating and cooling does the property have?
The apartment is equipped with zoned reverse cycle heating and cooling, along with electric wall heaters, ensuring year-round comfort.
Are there security features in place?
Yes, the property has security entry to The Terrace main street and security screens on windows and doors for added safety.
Are there any upcoming maintenance or renovation works planned for the building or complex? What are the strata or body corporate fees, and what do they cover? Are there any restrictions or easements affecting the property? Has the property been tested for flood or bushfire risks? Are there any planned developments or zoning changes in the area that could impact the property? Is there any history of structural defects or repairs needed? What are the long-term costs associated with the building's maintenance and insurance? Are there any noise or neighbour-related issues in the complex? Is the property compliant with all local building codes and regulations? Are there any restrictions on holiday rentals or short-term leasing in this building?

2/78 The Terrace, Ocean Grove, Vic 3226 - More Details

$1,075,000-$1,175,000

The Feel:
A lifestyle defined by contemporary design and unrivalled convenience awaits in this striking 2 bedroom apartment, where sweeping ocean views, sophisticated interiors and premium finishes come together to create an atmosphere of effortless luxury and relaxation.

Designed around the open-plan living area flows seamlessly onto expansive north and south-facing balconies, creating the perfect setting for entertaining or simply soaking in the stunning ocean, Bluff and river views. High ceilings, abundant natural light and an extended sense of space enhance the connection between indoors and the surrounding coastal landscape.

Built to exacting standards by MHBD, this low-maintenance “lock-and-leave” residence combines quality craftsmanship with relaxed sophistication. Ideal as a permanent home, holiday retreat or high-performing short-term rental opportunity, it delivers premium living in an unbeatable central location.

The Facts:
-Lifestyle-enhancing position perfect on The Terrace - genuine “walk everywhere” position!
-Built to exacting standards by Michael Higgins Building Design, renowned for quality & innovation
-Quality Spotted Gum timber floors/staircase, high ceilings, clerestory windows & light-filled living
-Gourmet kitchen with Smeg appliances, 4.6m Caesarstone island, pantry w’ appliance nook
-Large living area, dining and sitting room on top floor maximise this incredible space
-North & south outdoor entertaining areas promise year-round use, with amazing ocean & river views
-2 generous BRs on the ground level, with BIRs and direct access to private balconies and ocean views
-Bathroom showcases quality fixtures, large shower & coastal contemporary tones
-Convenient laundry room with impressive storage
-Study nook provides functionality for working from home
-Zoned reverse cycle heating & cooling provides year-round climate comfort + electric wall heaters
-Distinctive exterior clad in Spotted Gum timber, echoed inside for floors and staircase
-Aluminium, commercial grade, double-glazed stacker sliding doors to the decks
-Feature polished concrete flooring throughout
-Rear entry to secure under cover parking with internal lift & large storeroom for surfboards/bikes
-Security entry to The Terrace main street for cafes, restaurants, boutique shopping
-Absolute convenience close to the best of The Bellarine; surf beaches, wineries & attractions
-Lock and leave apartment for a holiday escape, investment opportunity or permanent residence

The Owner Loves….
“The quality of this home is second to none; the interiors feel light, open and uplifting, and the stacker doors extend our living space to two private balconies that we use from sunrise to sunset...” Perched above The Terrace, it feels like you are part of the heartbeat of this town.”

****For pedestrian entrance, passage way is between Aussie Home loans and The Commonwealth Bank.

*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.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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Interactive Property Floorplan - 2/78 The Terrace, Ocean Grove, Vic 3226

2/78 The Terrace, Ocean Grove, Vic 3226
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