91 The Parade, Ocean Grove VIC 3226

Better known as The Ocean Grove Neighbourhood Centre, this spacious and unique property is superbly located in the heart of Ocean Groves thriving business district, and neighbours a diverse array of established businesses. With prime coastal positioning, this property holds rare potential for a business owner, developer or investor.
The residence boasts wide frontage to The Parade with multiple carparks at the facade, as well as side access to Hodgson Street with the potential for private parking bays at the rear. Mixed zoning allows for various development and commercial opportunities.
As it stands, the property is ideal for a professional business owner, especially a specialized practise or group of allied health professional. The property has a spacious multi-faceted floorplan. At the faade, there is disabled access to a roomy reception area. The well-proportioned front room, with floor-to-ceiling glazing, is bright and inviting. A large north facing open plan area with full kitchen, reverse cycle AC and yard access sits at the rear. Four further rooms/offices bud off an internal hallway with vaulted skylight. There are 3 separate toilets (1 suitable for wheelchairs/prams) and a large undercover alfresco space wrapped with bistro blinds. Three split system ACs are dotted throughout the floorplan. There is an attached garage at the faade and a detached garage plus double gates to Hodgson Street at the rear.
The solid brick build boasts good bones for renovation or extension. Alternatively, the spacious flat allotment and dual kerb access offers endless development potential, including the construction of multiple dwellings (STCA).
This property also presents as a savvy investment opportunity with sought-after rental demand and strong capital growth potential. Metres to The Terrace. Coastal views from the faade. Act with haste! This rare and appealing prospect wont linger!