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1/102 The Terrace

Ocean Grove, VIC 3226

1/102 The Terrace - Image 1
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$1,900,000 - $1,995,000

4
2
1
227m²
TownhouseFor SaleRESIDENTIAL

Ocean-View Entertainer, Footsteps from Town Centre

Description

Please contact agent to arrange your inspection A spectacular statement in contemporary custom design and low-maintenance living, this sophisticated four-bedroom townhouse has been curated with a commitment to quality, luxurious appointments, and a coastal lifestyle that's second to none. Situated just 200m from the town centre, there are sweeping ocean views to enjoy from a rooftop entertaining zone, a deluxe gas heated swimming pool, as well as walking access to shopping, dining, and the beach. A statement pivot door provides an instant welcome to the open plan living domain, where sleek concrete flooring and high square-set ceilings are warmed by the ambience of a gas log fireplace. A bank of bi-fold doors spill out to the sundrenched northerly swimming pool, forming an irresistible backdrop for alfresco enjoyment. Effortlessly catering to any occasion, a streamlined island kitchen offers a high-spec fit-out with its soft-close joinery, electric overhead cupboards, European appliances including twin Smeg ovens with pyrolytic function, and thick stone benchtops with waterfall edges. An additional light-filled living space is found upstairs, along with three of the home's four bedrooms including an elegant main suite with mirror-wrapped ensuite, an executive-sized walk-in robe and north orientation. The fourth robed bedroom sits alongside the ground floor bathroom which matches in sophisticated style. Enjoy incredible spaces in which to host family and friends with a choice of open-air zones including a mid-level terrace offering protection from southerly breezes, or the rooftop balcony with its gas, water and electricity connections, set against a panoramic backdrop of the glistening ocean. In a prized and ultra-convenient location with easy access to shops, restaurants, beaches and public transport, this superb family entertainer or low-maintenance holiday home features double glazing, hydronic underfloor heating, reverse cycle heating and cooling to living and all four bedrooms, ducted vacuum, outdoor shower, and single lock-up garage with pull-through access.

Property Details

Land Size

227 m²

Property Type

Townhouse

Listing Type

RESIDENTIAL

Ocean Grove by the numbers

Official published figures for the suburb, shown as their own dated facts — not combined into a score.

House median sale price

$900,000

2025-Q4

Unit median sale price

$740,000

2025-Q4

Places to eat within walking distance

13 within about 1.2km. A few of them — listed by distance, not by how good they are.

Ocean Grove Pizza and Pasta · The Driftwood Café · Parade Espresso Bar · Chang Noi Thai · The Dill · King Koi Sushi Bar & Restaurant · Ming Terrace · Alchemy

Source: Victorian Property Sales Report © State of Victoria (Department of Transport and Planning), CC BY 4.0 · © OpenStreetMap contributors (ODbL)

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Where this home sits

Zoned government primary
Ocean Grove Primary School
Zoned government secondary
Bellarine Secondary College

Zones are the government school zones published by each state. Confirm with the school before relying on them.

How this home compares

$1.95m

Asking price

$900k

Suburb median, houses

+116%

Asking vs median

This home's asking range midpoint is $1.95m, about 116% above the Ocean Grove median for houses ($900k).

The median is of settled sales (2025-Q4). An asking price is not a sale price. More about Ocean Grove

Similar homes for sale nearby

Same type, within one bedroom. Cheapest asking price first.

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