OFF MARKET

13 Clarence Street
Loch VIC 3945

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2920m2
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Property Details for 13 Clarence St, Loch

Building Type
Commercial
Land Size
2920m2
Local Government
South Gippsland
Lot/Plan
4/LP4310

Last Listing description (November 2021)

Unique accommodation venue in a major growth corridor of South Gippsland.

Originally a country hospital, now newly refurbished, The Old Hospital Loch is licensed for 14 rooms or 28 adults (currently only operating 10 rooms).

The venue features a 3 bedroom, 2 bathroom manager's residence, well-appointed kitchen (previously commercially registered), large dining room able to seat 40-60 people, large deck, sun room, bbq area, great onsite parking and bicycle storage. It has it all.

Sitting on 2920 m2 of General Residential Zoned Land (GRZ1) and with a building size 854 m2, completely renovated the opportunities are endless. You could create a licensed venue.

Loch is fast becoming a gourmet destination and a great buzzing tourist destination.

Inspections will impress and leave you buzzing with endless possibilities.

Property History for 13 Clarence St, Loch, VIC 3945

A timeline of how this property has performed in the market
Last Sold
$480,000
28 Sep 2016
  • 21 Jul 2021
    Listed for Sale FHGC $1,300,000
  • 08 Dec 2020
    Listed for Sale $1.3 Million
  • 28 Sep 2016
    Sold for $480,000
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About Loch 3945

The size of Loch is approximately 75.5 square kilometres. The population of Loch in 2011 was 967 people. By 2016 the population was 636 showing a population decline of 34.2% in the area during that time. The predominant age group in Loch is 50-59 years. Households in Loch are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loch work in a managers occupation. In 2011, 83% of the homes in Loch were owner-occupied compared with 84.7% in 2016.

Loch has 417 properties. Over the last 5 years, Houses in Loch have seen a 120.58% increase in median value. As at 30 November 2024:

  • The median value for Houses in Loch is $819,959 while the median value for Units is $347,844.
There are currently 9 properties listed for sale, and no properties listed for rent in Loch on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Loch.

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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.