1 & 2/50 Powell Street, Ocean Grove VIC 3226

Expand your investment portfolio with this rare opportunity to purchase either one, or both, of these centrally placed units in Old Ocean Grove. These properties are assured of attracting a premium rental yield, being situated just a heartbeat from the cafe lifestyle of The Terrace and moments to Ocean Grove Primary. With tenants already in place and the promise of good capital growth, your purchase makes sense.
Protected from the street and neighbours by lovely gardens, both units enjoy a private and quiet outlook. Deceptively spacious, the units have a practical floorplan with 2 living zones and meals area, wrapped around the central kitchen. This open-flow design provides an abundance of space for small families to spread out, and when entertaining friends. Two very comfortable queen-sized bedrooms (both with built-in robes) flank the large shared bathroom and separate toilet. The internal courtyard garden, perfectly-sized for a table setting, and a sunny veranda overlooking a neat front lawn, provide a choice of gorgeous places to relax.
Highlights include ducted heating, secure internal access to the single lock-up garage, security door to entry, and secure side garden and courtyard for pets and kids. With a happy, long term tenant already in place. Holding a sought-after Old Ocean Grove position, these rare investment opportunities are not to be missed.