OFF MARKET

15 Great Ocean Road
Kennett River VIC 3234

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 94m2
Land area: 788m2
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Last updated 16 Dec 2024
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Property Details for 15 Great Ocean Rd, Kennett River

15 Great Ocean Rd, Kennett River is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 788m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Floor Size
94m2
Land Size
788m2
Local Government
Colac Otway
Lot/Plan
1/LP120193

Last Listing description (January 2020)

A rare commercial freehold property with excellent visual exposure to the Great Ocean Road. The location is an exact mid point between the larger townships of Lorne and Apollo Bay and acts as an extremely popular stop over destination, being 2.5 hours from Melbourne.
The property is a flat fenced 780 sqm (approx) allotment and has a caf, commercial kitchen and adjoining 3 bedroom residence attached.
The adjacent caravan park is a minute's walk away and the beach plus the river parkland is also easily accessed. Regular drive through customers provide a constant source of clientele for the existing tenant 'Kafe Koala'.

Explore the future development opportunity with this zoning (STCA) or continue to lease to current tenant and enjoy the healthy commercial return on investment.

Property History for 15 Great Ocean Rd, Kennett River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$925,000
08 Jan 2020
  • 08 Jan 2020
    Sold for $925,000
  • 20 Dec 2019
    Listed for Sale $925,000
  • 11 Mar 2013
    Sold for $683,000
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About Kennett River 3234

The size of Kennett River is approximately 31.4 square kilometres. It has 3 parks covering nearly 130.7% of total area. The population of Kennett River in 2011 was 234 people. By 2016 the population was 40 showing a population decline of 82.9% in the area during that time. The predominant age group in Kennett River is 0-9 years. Households in Kennett River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kennett River work in a managers occupation. In 2011, 77.4% of the homes in Kennett River were owner-occupied compared with 42.9% in 2016.

Kennett River has 196 properties. Over the last 5 years, Houses in Kennett River have seen a 57.15% increase in median value. As at 30 November 2024:

  • The median value for Houses in Kennett River is $979,896 while the median value for Units is $394,998.
There are currently no properties listed for sale, and no properties listed for rent in Kennett river on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Kennett river.

Suburb Insights for Kennett River 3234

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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.