FOR SALE
P.O.A.

161 Great Ocean Road
Apollo Bay VIC 3233

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Bathrooms: -
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Land area: 955m2
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Prime Commercial Opportunity: 161 Great Ocean Road, Apollo Bay (Commercial Zone 1)

Seize this exceptional opportunity to secure a prime commercial property located at 161 Great Ocean Road, Apollo Bay. Situated in the highly sought-after Commercial Zone 1, this property offers unparalleled potential for various business ventures in one of Victoria's most picturesque coastal towns.
Key Features:
Premium Location: Positioned on the iconic Great Ocean Road, this property benefits from high visibility and substantial foot traffic, making it ideal for businesses looking to capitalize on the thriving tourism industry in Apollo Bay.
Versatile Space: The property boasts a flexible layout, perfect for a range of commercial uses including retail, hospitality, office space, or mixed-use development. Its adaptable design allows for easy customization to suit specific business needs.
Commercial Zone 1: Being in a Commercial Zone 1 area, the property enjoys favorable zoning regulations that support a wide array of commercial activities. This zoning ensures maximum flexibility for future growth and expansion.
Thriving Community: Apollo Bay is a vibrant community with a steady influx of tourists and locals alike. The area is renowned for its stunning natural beauty, attracting visitors year-round, which can significantly enhance the potential customer base for your business.
Accessibility: Conveniently accessible, the property is well-connected by major roads and public transport, ensuring ease of access for customers, clients, and employees.
This is a rare opportunity to establish or expand your business in a prime commercial location. Whether you want to open a new retail outlet, a trendy café, a professional office, or a combination of uses, 161 Great Ocean Road offers the perfect setting to achieve your business goals.
Don't miss out on this unparalleled commercial investment. Contact us today to schedule a viewing and explore the endless possibilities that await at 161 Great Ocean Road, Apollo Bay.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
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Property Details for 161 Great Ocean Rd, Apollo Bay

Building Type
Land
Land Size
955m2

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About Apollo Bay 3233

The size of Apollo Bay is approximately 87.1 square kilometres. It has 18 parks covering nearly 52.7% of total area. The population of Apollo Bay in 2011 was 1,094 people. By 2016 the population was 1,618 showing a population growth of 47.9% in the area during that time. The predominant age group in Apollo Bay is 60-69 years. Households in Apollo Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Apollo Bay work in a labourer occupation. In 2011, 55.8% of the homes in Apollo Bay were owner-occupied compared with 64.5% in 2016.

Apollo Bay has 2,662 properties. Over the last 5 years, Houses in Apollo Bay have seen a 58.00% increase in median value, while Units have seen a -1.84% decrease. As at 31 August 2024:

  • The median value for Houses in Apollo Bay is $998,347 while the median value for Units is $441,432.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 35 properties listed for sale, and 3 properties listed for rent in Apollo bay on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Apollo bay.

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