OFF MARKET

126 Princes Highway
Bolwarra VIC 3305

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 149m2
Land area: 25495m2
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Property Details for 126 Princes Hwy, Bolwarra

Building Type
Land
Year Built
2008
Floor Size
149m2
Land Size
25495m2
Local Government
Glenelg
Lot/Plan
1/PS602924

Last Listing description (May 2024)

The Former Forest Inn was originally owned by Thomas Huxley and was constructed in 1856, on Cherry Tree Hill (or Nine Mile Forest). The inn was located on the former Portland to Heywood Road, one mile from the Caledonian Inn. The rear of the Forest Inn land was host to the first Racecourse and Cattle Sales, with the Bolwarra Cup held there in 1867. The Forest Inn was also used periodically as a school, for shire meetings and elections. The inn was said to be a 'very important place' as it was one of the stopping points for the Cobb & Co service.
Purchased by the current Owner in 1987, the property was fully and extensively restored from a shell to the magnificent property that stands there today.
Constructed of bluestone, with a corrugated iron hip roof and burgundy painted timber framed double hung sash windows and French doors, the unique windows comprise of 5 panes of glass with a large central piece, flanked either side by 2 small panes, the Forest Inn is of historical significance for its associations with the early hotel industry in Portland and service to travellers and tourists to Portland since 1840.

Situated just minutes to Portland and surrounded by spectacular gardens and paddocks totalling approx. 2.56 HA (6 acres), this majestic old beauty is now being offered for sale. This unique property offers the best of architecture from its time including grand high ceilings, wide hallways, polished hardwood floors, ceiling roses and cornices, dado walls, picture rails and open fireplaces just to name a few.
The expansive kitchen/dining allows for the best in entertaining with a 5 burner gas oven, ample storage and massive butlers pantry across the hall. Previously used as a ballroom, the formal lounge is expansive and sunlit with a combustion heater and reverse cycle - chandeliers and all.
The main bedroom is impressive with room for your own private sitting area whilst warming your toes by the open fireplace. There are an additional 4 bedrooms within the property - 2 with open fireplaces - whilst one sits snug between two bedrooms - a perfect space for another living room or perhaps a dual bathroom. Access to these rooms is via a stunning sunlit room with open fireplace and floorboards.
The main bathroom has been updated but in such a way it suits the era of the home with a stunning clawfoot bath, vanity and toilet.
Completing the interior is the large - almost commercial laundry with shower and toilet - which still houses the original copper heater. And for additional entertaining space there is the enclosed entertaining area.
An undercover paved area runs the length of the rear of the property and links the double carport and large open room with woodheater and attic space that would be perfect as a form of income if converted to a studio or perhaps a space for the teenager or even workshop.
With power and concrete floor, there is also a 4 car colourbond shed on the property for additional storage.
Stables, fruit trees, chook yard, rainwater tanks and of course the stunning gardens are all part of this amazing property.
Future potential for sub-division (STCA) is of course at hand with the large paddock located alongside the main homestead - but the potential to build and have views to Portland Bay and beyond is also an option. (STCA)
Opportunities such as this are few and far between - and the possibilities are simply endless. An inspection is an absolute must for this stunning and historic Portland property.

NB: Red boundary lines are an approximate only.

Property History for 126 Princes Hwy, Bolwarra, VIC 3305

A timeline of how this property has performed in the market
Last Transferred
13 Aug 2016
Listed for Rent
$600/w
11 Apr 2022
  • 28 Feb 2022
    Listed for Rent $600 / week
  • 21 Dec 2021
    Listed for Sale Contact Agent
  • 13 Aug 2016
    Transferred

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About Bolwarra 3305

The size of Bolwarra is approximately 21.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Bolwarra in 2011 was 827 people. By 2016 the population was 576 showing a population decline of 30.4% in the area during that time. The predominant age group in Bolwarra is 50-59 years. Households in Bolwarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bolwarra work in a trades occupation. In 2011, 84.4% of the homes in Bolwarra were owner-occupied compared with 86.9% in 2016.

Bolwarra has 379 properties. Over the last 5 years, Houses in Bolwarra have seen a 75.61% increase in median value, while Units have seen a 19.65% increase. As at 31 October 2024:

  • The median value for Houses in Bolwarra is $656,262 while the median value for Units is $280,934.
There are currently 6 properties listed for sale, and no properties listed for rent in Bolwarra on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Bolwarra.

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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.