237 Illowa Rd, Illowa is a 3 bedroom, 1 bathroom House. The property has a land size of 117359m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Illowa in the last 12 months.
OCEAN VIEWS & 3 INCOME GENERATING BUSINESSES - 29 Ac / 11.7Ha
- Breathtaking & spectacular ocean and rural views situated in coastal country 8 km west of Warrnambool.
- Perfectly positioned, modern 3 bedroom brick home capturing simply outstanding ocean, wetland & rural views.
Numerous options for other uses (STCA) including home based light industry trades, commercial storage and more. Excellent all weather heavy vehicle access, 3 phase power connected and high yielding electric bore.
Property Overview:
High View offers a unique opportunity combining a fabulous lifestyle with income generation from both the tourism and equine sectors. The property offers unparalleled Ocean, Kellys Wetlands and Tower Hill views, arguably the best between Port Fairy and Warrnambool.
High View features a modern (circa. 2000), recently updated 3 bedroom brick home boasting panoramic ocean and rural views. The cornerstone of the property is the horse complex (75m x 31m under roof) complete with an Olympic sized indoor riding arena (60mx20m) and 22 horse boxes. High View is the only undercover horse complex in the immediate Warrnambool area. Additionally, the complex is fully equipped for the public with toilets and showers, tack and storage areas and workshop with excellent all weather float and truck access parking.
High View accommodation provides a strong income stream and whilst there is an inevitable value adding between the equine and accommodation businesses, each operates independently. High View's flagship accommodation are two fully recently renovated 2 bedroom family cottages offering outstanding ocean views. Each cottage can sleep up to 4 people and are pet friendly with dog proof yards at each cottage. The Lodge is budget friendly accommodation and can cater for up to 12 people but also conveniently can be divided into two self-contained units (6 people in each).
High View comprises of 29 Acres (11.7 HA) of fertile and healthy grey sandy loam soil types over limestone, ideal horse country! It is currently subdivided into approximately 20 purpose fenced small horse paddocks accessed by laneways, ideal for its horse agistment business, a third income stream.
High View is perfectly positioned within 8km of the regional hub of Warrnambool's CBD with Dennington Shopping Centre 3.5km. The popular seaside resort of Port Fairy and the charming Irish village of Koroit are within easy commuting distances (19km & 9.5km respectively).
Whilst High View has established equine and accommodation businesses it has great potential for further growth and development. Alternatively, it could be easily adapted for a myriad of other uses and enterprises (STCA) including home based small business, light industry trades, commercial storage and much more, or purely a great place for families or active retirees alike.
Information Memorandum available upon request from exclusive selling Agents:
Penny Adamson 0407 600 767
Nick Adamson 0418 571 589
The size of Illowa is approximately 20.8 square kilometres. It has 1 park. The population of Illowa in 2011 was 353 people. By 2016 the population was 313 showing a population decline of 11.3% in the area during that time. The predominant age group in Illowa is 40-49 years. Households in Illowa are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Illowa work in a trades occupation. In 2011, 89.6% of the homes in Illowa were owner-occupied compared with 86.3% in 2016..
Illowa has 163 properties.
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