FOR SALE
$2,590,000

Raglan Parade
Warrnambool VIC 3280

Bedrooms: 13
Bathrooms: 10
Car spaces: 9
Land area: 529.1m2
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Central Apartment Complex

Apartments 521 is a central holiday apartment complex offering ten apartments plus an office ideally positioned in the heart of Warrnambool's CBD within walking distance of beaches, Lake Pertobe shops, cafes and pubs. Warrnambool is a thriving coastal city situated along The Great Ocean Road, which draws approximately 700,000 visitors annually and stands as the largest Victorian coastal city outside of Port Phillip Bay. Renowned as a nursery for visiting Southern Right Whales, it is a popular beach side destination for travellers and boasts a wide range of tourist attractions, a lively restaurant and cafe culture, arts, music, sporting events, and a spectacular coastline with a rich maritime history. Apartments 521 offers a unique and impressive accommodation experience, catering to both short-term and long-term stays, with a variety of options, including both one-bedroom and two-bedroom apartments. The contemporary two-storey complex features spacious floor plans, well-equipped kitchenettes, off-street parking, and private balconies. The one-bedroom apartments are thoughtfully designed across two levels, providing separate living, dining, and kitchenette spaces on the lower floor, along with a convenient downstairs toilet. Upstairs, you'll find a full-sized bathroom, bedroom, and balcony, offering a comfortable and stylish retreat. There are three two-bedroom apartments with separate living spaces, kitchenettes, dining rooms and semi en suite to the bedrooms. Warrnambool is conveniently accessible and is approximately a three hour drive from Melbourne via the Princes Highway, with the added convenience of regional train and coach connections. These holiday apartments are highly sought-after accommodations for travellers due to their convenient proximity to all our great city has on offer. Residential zoning and the well documented lack of accommodation options in Warrnambool, has created a unique opportunity for you to achieve your goals of owning a successful business - for more information or to gain a comprehensive prospectus, call Homeseeka Real Estate today!
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Property Details for 1-10/521 Raglan Pde, Warrnambool

1-10/521 Raglan Pde, Warrnambool is a 13 bedroom, 10 bathroom Apartment with 9 parking spaces. The property has a land size of 529.1m2. The place is currently for sale with Homeseeka Real Estate - Warrnambool.

Building Type
Apartment
Land Size
529.1m2

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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,147 properties. Over the last 5 years, Houses in Warrnambool have seen a 73.36% increase in median value, while Units have seen a 39.28% increase. As at 31 August 2024:

  • The median value for Houses in Warrnambool is $629,106 while the median value for Units is $372,206.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 195 properties listed for sale, and 28 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 664 properties were sold in the past 12 months in Warrnambool.

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Daryl Kenna
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Homeseeka Real Estate - Warrnambool
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.