OFF MARKET

11 Great Ocean Road
Apollo Bay VIC 3233

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 11 Great Ocean Rd, Apollo Bay

11 Great Ocean Rd, Apollo Bay is a 2 bedroom, 2 bathroom House.

Building Type
House
Local Government
Colac Otway

Last Listing description (September 2023)

Motivated vendors. All offers to be presented to the vendors for their consideration. On offer are 3 fabulous opportunities for the residential market of Apollo Bay, this residential site in a highly sought-after hot spot. With stunning stretches of beach, the Apollo Bay Harbour, and links Golf Course only a stone's throw away. And let's not forget the Apollo Bay foreshore which runs parallel to the main beach and township precinct, with its myriad cafes, restaurants, and boutiques.

Option 1
LOT 1 (1 bedroom home with Great Ocean Road frontage)

The existing one-bedroom home offers the following configuration: a private bedroom, open plan lounge/dining/kitchen, a separate internal bathroom/toilet and an external laundry. The lounge opens to a large deck with extensive ocean views situated on an allotment of approx. 302m2 (to be sold subject to title being obtained)

Option 2
LOT 2 - (Vacant Land)
Battle axe block with land size of approx. 304 m2 all amenities to the block . The land allotment is the rear block of a 2 lot subdivision, your privacy is assured, with potential to get some ocean views from a second story home S.T.C.A (to be sold subject to title being obtained)

Option 3- (The whole package)
To purchase the property as a whole: This site offers great flexibility in its use; potential options to either create a substantial family holiday retreat or residence over the whole 675m2 site or for investors keen on subdivisions, the hard work has been done with current approval for a 2 Lot battle-axe subdivision. This option provides two residential sites in excess of 300m2 each, with the option to leave the main residence and further develop the rear allotment.

This investment opportunity speaks only of enviable financial success for those who are fortunate to acquire such a prime slice of Apollo Bay real estate. An added bonus is there's options to put a tenant in place so its income producing whilst decisions are made, and plans put in place.

Seize the moment! Arguably one of the last opportunities knocks loud and clear, to demolish, divide, conquer and build on an easily levelled 675m2 residential site in a highly sought-after hot spot, with Great Ocean Road frontage, only minutes to the waves, fresh from the boat seafood & boutique cafes & shops of Apollo Bay.

Property History for 11 Great Ocean Rd, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
  • 10 Feb 2023
    Listed for Sale CONTACT AGENT
  • 03 Aug 2021
    Listed for Rent $260 / week
  • 17 Jun 2021
    Listed for Sale $895,000

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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 2,658 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 4 properties listed for rent in Apollo bay on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Apollo bay.

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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.