OFF MARKET

8/49 Pascoe Street
Apollo Bay VIC 3233

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 193m2
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Property Details for 8/49 Pascoe St, Apollo Bay

8/49 Pascoe St, Apollo Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 193m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
193m2
Local Government
Colac Otway
Lot/Plan
17/SP22165

Last Listing description (November 2024)

WALK IN - WALK OUT
Currently generating a gross 9% return this two-bedroom townhouse, in a prime location just a stone's throw away from the beach, shops, and coastal walking trails, offers a fantastic investment opportunity.

There is a lot to love about this no-fuss apartment. Say goodbye to your car keys and embrace the ultimate in effortless, coastal living. The open-plan living and dining areas are north-facing and capture the sun all day, creating a warm and inviting atmosphere. A neat and tidy kitchen is spacious and features a large breakfast bar, perfect for planning the day ahead.

Both bedrooms are comfortable in size and have built-in robes, sharing a central bathroom with a separate bath and shower.

The enclosed rear courtyard, provides a private outdoor space to relax, entertain, or enjoy a morning coffee. No need to worry about privacy or security this townhouse is part of a well-maintained complex, offering both to give you peace of mind.

Whether you're seeking a tranquil weekend retreat, downsizing to a more manageable lifestyle, or exploring an excellent investment opportunity, this townhouse has it all. The low-maintenance, no-fuss design means you can focus on enjoying life, and you'll never need your car keys again with everything in walking distance.

GOODLIFE HIGHLIGHTS.

Excellent investment opportunity currently generating a 7% ROI
Prime location only steps to the beach
Low maintenance property
Well maintained and cared for
2 Bedrooms - perfect for a weekend getaway or downsizing
Private drive and enclosed courtyard
Currently operating as successful AirBNB

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Property History for 8/49 Pascoe St, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$270,000
14 Apr 2016
  • 07 Nov 2023
    Listed for Sale Not Disclosed
  • 14 Apr 2016
    Sold for $270,000
  • 14 Apr 2016
    Sold for $5,000
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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 2,641 properties. Over the last 5 years, Houses in Apollo Bay have seen a 62.79% increase in median value, while Units have seen a 0.74% increase. As at 31 October 2024:

  • The median value for Houses in Apollo Bay is $1,036,333 while the median value for Units is $473,618.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Apollo bay on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Apollo bay.

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