Ocean Grove Bowling Club is selling off two greens at 15-17 The Terrace, Ocean Grove. Potential buyers have already got their tape measures out as Ocean Grove Bowling Club puts two of its greens on the market. The decision to sell the greens, which are still in use, comes after Ocean Grove Bowling Club won the licence to the 12th franchise to join the made for television Premier Bowls League as the Geelong Jets.
The greens at 15-17 The Terrace are opposite the main bowling club and represent a crackerjack development opportunity on 1643sq m of land near the centre of the Bellarine Peninsula town. RELATED: Belmont home ready for the wrecking ball sells for premium Geelong suburbs where prices are on the move Highton home’s fancy pool cover delivers year-round splash RT Edgar Ocean Grove agent Aaron Jones said the property had already garnered significant interior prior to it being put on the market with price hopes from $2.805m to $3.
05m. The greens at 15-17 The Terrace, Ocean Grove, are on the north side of the street. The property could provide two home sites measuring about 820sq m each, or a combined site where developers were likely to plan a luxury townhouse project.
Mr Jones said a neighbouring property already on the market at 19 The Terrace, Ocean Grove, could be combined to create a 2400sq m super site. “It’s 1600sq m of prime real estate, close to the town centre, a few minutes walk to the beach and a few minutes walk to the river. It’s centrally located and you’re close to Wallington Rd, which suits commuters heading to Geelong and Melbourne.
Ocean Grove Bowling Club is selling off two greens at 15-17 The Terrace, Ocean Grove. “And obviously being a bowling green, it’s a nice flat block of land.” Mr Jones said interest prior to going to the market has been quite strong, while a neighbouring property which is also for sale at 19 The Terrace could create a parcel of land of almost 2500sq m.
“It’s obviously suiting developers – there’s been quite a bit of interest from Melbourne, Geelong and local developers who are doing their due diligence,” Mr Jones said. A high-end, luxury townhouse development could be the most likely outcome if a developer secured the site, he said. Ocean Grove Bowling Club is selling off two greens at 15-17 The Terrace, Ocean Grove.
“There’s is a demand for the high-end townhouses, and I think that’ll be where the majority of the interest comes. “But in saying, the blocks can be purchased as a lot or individually. There is a chance that each one sells for a dream home build.
” Mr Jones said with the green still operational, new owners could lease the greens back to the club on good terms while they plan their future. Ocean Grove’s Matt Flapper is coach of the Geelong Jets squad for Bowls Premier League. Picture: Mike Dugdale Ocean Grove Bowling Club has embarked on a $6m redevelopment of its The Terrace home which will include a cover structure above its greens to be completed by 2025.
Geelong Jets squad for Bowls Premier League 20 comprises Paul Foster, Aaron Wilson, Jamie-Lee Worsnop and coach Matt Flapper..
