OFF MARKET

3430 Great Ocean Road
Glenaire VIC 3238

Bedrooms: 4
Bathrooms: 1
Car spaces: 10
Floor area: 166m2
Land area: 116886m2
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Property Details for 3430 Great Ocean Rd, Glenaire

3430 Great Ocean Rd, Glenaire is a 4 bedroom, 1 bathroom House with 10 parking spaces and was built in 1990. The property has a land size of 116886m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1990
Floor Size
166m2
Land Size
116886m2
Local Government
Colac Otway
Lot/Plan
1/PS532601

Last Listing description (March 2021)

Glenaire Cottages is a highly successful accommodation business on the Great Ocean Road, one of Victorias hottest tourist destinations. Offered for sale after many years being tightly held within the same family, this unique estate comprises 2 separate titles. There are four, fully self-contained cottages on one 12-acre title with amazing views of ocean, valley and mountains; and a marvelous four bedroom Mud Brick home on a separate 18-acre title, few locations offer such scenic rural surroundings with panoramic views across rolling hills and the ocean.The state of the art facilities include shedding, ample infrastructure and plenty of scope for additional growth.

The principal mudbrick home is bursting with character and charm and is set in a secluded location apart from the cottages offering a very natural living environment from which the hospitality business can be run. The house provides hydronic heating, four spacious bedrooms, reception, double garage, separate laundry and an open plan living and dining space with fireplace flowing seamlessly to the outdoor deck which provides the perfect place to soak and relax in the spa whilst admiring the spectacular views across the rolling green hills and beyond to the ocean.


The lovingly maintained Cottages each comprise two bedrooms, central bathroom, spa, wood-fire and parking for 2 cars. The cottages showcase the stunning landscape on which they are situated with beautiful views from the deck. Offered fully furnished as a walk in, walk out proposition.
Other features include;- Excellent access from the Great Ocean Road Minutes to Castle Cove beach and lookout. Each Cottage has dedicated 23,000 litre fresh water tank, access to unlimited river water making them drought proof.

A unique commercial opportunity in one of Victoria's most picturesque settings, Glenaire Cottages have been lovingly enjoyed by local tourists and many international visitors who have explored the iconic Great Ocean Road. With constant and ongoing upgrades to the cottages over the years the business has been fortunate enough to boast a high rate of return guests and an average occupancy rate of 65%.

Property History for 3430 Great Ocean Rd, Glenaire, VIC 3238

A timeline of how this property has performed in the market
Last Sold
$1,100,000
08 Jun 2021
  • 08 Jun 2021
    Sold for $1,100,000
  • 07 Jun 2021
    Sold for $700,000
  • 16 May 2018
    Listed for Sale $1,850,000

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About Glenaire 3238

The size of Glenaire is approximately 104 square kilometres. It has 4 parks covering nearly 152.5% of total area. The population of Glenaire in 2011 was 203 people. By 2016 the population was 16 showing a population decline of 92.1% in the area during that time. The predominant age group in Glenaire is 40-49 years. Households in Glenaire are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Glenaire work in a clerical occupation. In 2011, 71.2% of the homes in Glenaire were owner-occupied compared with 87.5% in 2016..

Glenaire has 71 properties. As at 31 August 2024:

  • The median value for Houses in Glenaire is $1,385,077.
There are currently no properties listed for sale, and no properties listed for rent in Glenaire on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Glenaire.

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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.