	{"id":185102,"date":"2026-04-18T04:00:00","date_gmt":"2026-04-17T18:00:00","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=185102"},"modified":"2026-04-15T23:03:51","modified_gmt":"2026-04-15T13:03:51","slug":"prominent-ocean-grove-commercial-asset-comes-to-market","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/prominent-ocean-grove-commercial-asset-comes-to-market\/","title":{"rendered":"Prominent Ocean Grove commercial asset comes to market"},"content":{"rendered":"<p>An investment opportunity in Ocean Grove&#8217;s tightly held commercial market has been listed for sale by the Colliers regional team.<\/p>\n<p>With the groundwork already complete, the modern freehold is fully leased and underpinned by strong tenant demand, reflecting the Bellarine&#8217;s sustained growth.<\/p>\n<p>Positioned at 6 Sinclair Street and 4 Marine Parade, the property occupies a prominent corner with direct exposure to the high-traffic Grubb Road, placing it firmly within one of Victoria&#8217;s most tightly held coastal markets.<\/p>\n<figure id=\"attachment_30038\" aria-describedby=\"caption-attachment-30038\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30038\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/04\/OceanGrove_Colliers2_51105.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><figcaption id=\"caption-attachment-30038\" class=\"wp-caption-text\">Positioned at 6 Sinclair Street and 4 Marine Parade, the property occupies a prominent corner with direct exposure to the high-traffic Grubb Road.<\/figcaption><\/figure>\n<p>It comprises five separately titled warehouse and showroom tenancies across a combined landholding of about 3,280sqm, with a total building area of approximately 2,030sqm.<\/p>\n<p>All five tenancies are leased, generating $381,370 per annum plus GST and outgoings, with expenses recoverable in line with the Retail Leases Act.<\/p>\n<p>Zoned commercial 2 (C2Z), the asset offers a balanced lease mix \u2013 three non-retail and two retail \u2013 providing both diversity and stability of income.<\/p>\n<figure id=\"attachment_30038\" aria-describedby=\"caption-attachment-30038\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30038 \" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/04\/OceanGrove_Colliers3_51907.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><figcaption id=\"caption-attachment-30038\" class=\"wp-caption-text\">It comprises five separately titled warehouse and showroom tenancies across a combined landholding of about 3,280sqm. RIGHT: The buildings are constructed in modern concrete tilt-panel, complemented by around 35 on-site car parks, multiple access points and efficient vehicle circulation across the site.<\/figcaption><\/figure>\n<p>The buildings are constructed in modern concrete tilt-panel, complemented by around 35 on-site car parks, multiple access points and efficient vehicle circulation across the site.<\/p>\n<p>Colliers auctioneer and senior executive Chris Nanni said opportunities of this calibre were rarely brought to market, particularly with multiple titles, a diversified tenancy mix and secure income already in place.<\/p>\n<p>&#8220;An average tenant occupancy of around seven years speaks volumes about the quality of the improvements and the depth of occupier demand in this location,&#8221; Nanni said.<\/p>\n<p>&#8220;The individual titles also provide a level of flexibility that is very difficult to replicate as there is clear future potential for sell-down, alternative ownership structures or a strategic long-term hold, which will appeal strongly to private investors and SMSF buyers seeking secure income with growth upside.&#8221;<\/p>\n<p>Ocean Grove has firmly established itself as the commercial and service heart of the southern Bellarine.<\/p>\n<p>What was once a seasonal coastal town has evolved into a permanent and growing residential market, supported by steady population growth, rising household incomes and ongoing infrastructure investment.<\/p>\n<p>Nanni said the Sinclair Street precinct services Ocean Grove, Barwon Heads, Point Lonsdale and surrounding coastal townships, with immediate access to the Bellarine Highway and only a short drive to the Geelong CBD.<\/p>\n<figure id=\"attachment_30038\" aria-describedby=\"caption-attachment-30038\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30038 \" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/04\/OceanGrove_Colliers1_53190.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><figcaption id=\"caption-attachment-30038\" class=\"wp-caption-text\">The buildings are constructed in modern concrete tilt-panel, complemented by around 35 on-site car parks, multiple access points and efficient vehicle circulation across the site.<\/figcaption><\/figure>\n<p>&#8220;That connectivity, combined with strong residential growth, continues to drive demand for quality commercial accommodation,&#8221; Nanni said.<\/p>\n<p>Ocean Grove continues to benefit from a diverse mix of permanent residents, retirees and people relocating from Melbourne, alongside strong tourism and holiday activity.<\/p>\n<p>Across the broader Bellarine Peninsula, sustained population growth and housing demand, coupled with limited commercial and industrial supply, have placed increasing pressure on tightly held assets in premium locations.<\/p>\n<p>With secure income, full occupancy, modern construction, high-profile exposure and the flexibility afforded by five separate titles, the asset presents as a defensive, income-secure investment with compelling long-term growth potential.<\/p>\n<p>Colliers is offering the Ocean Grove holding at 6 Sinclair Street and 4 Marine Parade for sale via expressions of interest, closing Thursday 30 April at 2.00pm.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investment opportunity in Ocean Grove&#8217;s tightly held commercial market has been listed for sale by the Colliers regional team. With the groundwork already complete, the modern freehold is fully leased and underpinned by strong tenant demand, reflecting the Bellarine&#8217;s sustained growth. Positioned at 6 Sinclair Street and 4 Marine Parade, the property occupies a [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/prominent-ocean-grove-commercial-asset-comes-to-market\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":29,"featured_media":185103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-185102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prominent Ocean Grove commercial asset comes to market - Surf Coast Times<\/title>\n<meta name=\"description\" content=\"Secure a prime Ocean Grove commercial asset. This fully leased multi-tenancy freehold on Grubb Road offers strong returns and growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/prominent-ocean-grove-commercial-asset-comes-to-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prominent Ocean Grove commercial asset comes to market - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"Secure a prime Ocean Grove commercial asset. 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