21 Lowe Street, Ocean Grove, Vic 3226

$750,000 - $790,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
631.7 m²
Area

Last updated on Friday, June 26, 2026 ( See property details for 21 Lowe Street, Ocean Grove, Vic 3226)

$750,000 - $790,000

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

A versatile 1970s weatherboard home on a spacious flat block in the highly sought-after Old Grove precinct, offering renovation, redevelopment, or new build opportunities just moments from Ocean Grove’s beaches and amenities.

🏡 Property Highlights

  • Prime Old Grove location with high demand and exclusivity
  • Generous 631sqm flat allotment offering redevelopment potential
  • Original 1970s weatherboard residence with mid-century character
  • Outstanding scope for renovation, extension, or new build (STCA)
  • Close proximity to beaches, schools, and shopping precincts
  • Ample off-street parking including a rear double garage and side driveway

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Home Office / Study
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • External Laundry
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21 Lowe Street
Ocean Grove, VIC 3226
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Vertical aerial view — 21 Lowe Street
21 Lowe Street — Vertical Aerial  •  Ocean Grove, VIC 3226  •  Nearmap © 2026

Ocean Grove is a highly desirable coastal town on the Bellarine Peninsula, renowned for its stunning beaches, vibrant community, and relaxed lifestyle. The Old Grove precinct offers a peaceful, tree-lined environment with easy access to local schools, sporting facilities, and shopping strips. Its proximity to the coast makes it ideal for beach lovers and outdoor enthusiasts. The area presents excellent opportunities for renovation, redevelopment, and investment, making it a prime location for families and developers alike.

What are the potential uses for this property?
This property offers multiple options including renovation of the existing home, redevelopment into a new luxury residence, or potential multi-dwelling development (STCA).
Is the property suitable for building a new home?
Yes, the generous flat block and zoning allow for building a new home or multiple dwellings, subject to council approval.
What are the key features of the existing residence?
The home features three bedrooms, a central bathroom, a spacious living area with hardwood floors, and an outdoor pavilion with laundry, bathroom, and toilet.
How close is the property to local amenities?
The property is within walking distance to schools, sporting facilities, shopping precincts, and is only moments from Ocean Grove’s beaches.
What are the parking options available?
There is a long side driveway providing access to a rear double garage, along with ample off-street parking for additional vehicles, a caravan, or boat storage.
Are there any planning restrictions or zoning overlays that could affect redevelopment or building plans? Has the property been affected by any flooding, bushfire, or environmental risks? Are there any easements, covenants, or other legal restrictions on the land? What are the potential costs involved in renovating or rebuilding the property? Is there any history of structural issues or repairs needed for the existing home? Are there any upcoming council or community developments in the area that could impact the property? What are the strata or body corporate considerations if subdividing or developing multiple dwellings? Are there any hidden costs associated with the property, such as service upgrades or compliance requirements? Is the property compliant with current building codes and regulations? Are there any noise, neighbour, or local planning issues that should be considered?

21 Lowe Street, Ocean Grove, Vic 3226 - More Details

$750,000 - $790,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
631.7 m²

Price guide

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