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Sold on 11 Dec 2023 - Price Unavailable

606 Terang-Mortlake Road
Noorat VIC 3265

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 9778m2
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Property Details for 606 Terang-Mortlake Rd, Noorat

606 Terang-Mortlake Rd, Noorat is a 2 bedroom, 2 bathroom Other. The property has a land size of 9778m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Other sold in Noorat in the last 12 months.

Building Type
Other
Land Size
9778m2
Local Government
Corangamite
Lot/Plan
1/PS319055

Last Listing description (December 2023)

The Glenormiston Butter and Cheese Factory stands as a historical treasure nestled in the picturesque Western District township of Noorat Victoria. Constructed in 1924, this sprawling 2.5 acre site boasts a collection of charming rustic red brick buildings and former factory spaces.

Located just over 200kms from Melbourne (only 5 minutes drive off the Princes Highway) between the increasingly popular regional cities of Geelong, Ballarat and Warrnambool, as well as being in close proximity to the world renowned Great Ocean Road and the famous Otway Harvest Trail, The Glenormiston Butter and Cheese Factory is perfectly positioned to become south west Victoria's ultimate destination venue.

The possibilities are endless - whether it be: -

• versatile function space for conferencing, special occasions, markets and exhibitions
• destination restaurant
• brewery or distillery with dining and retail space
• boutique accommodation (two existing one bedroom cottages plus ample room
within the existing buildings for further development)
• manufacturing, warehousing and storage

The property remains largely in its original unrenovated condition, except for some more recent key improvements including: -

• Extensive roof repair and replacement
• New power connection and meter box along with new LED lighting and wiring throughout
• Feature red brick chimney restoration
• Two renovated one bedroom cottages including new timber windows
• Front facade cleaned and painted
• New commercial size remote roller door

For further information please contact the listing agent.

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Property History for 606 Terang-Mortlake Rd, Noorat, VIC 3265

A timeline of how this property has performed in the market
Last Sold
11 Dec 2023
  • 06 Dec 2023
    Sold for $620,000
  • 13 Oct 2023
    Listed for Sale Contact Agent
  • 31 Jan 2022
    Sold for $250,000
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About Noorat 3265

The size of Noorat is approximately 38.2 square kilometres. The population of Noorat in 2011 was 163 people. By 2016 the population was 323 showing a population growth of 98.2% in the area during that time. The predominant age group in Noorat is 10-19 years. Households in Noorat are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Noorat work in a managers occupation. In 2011, 85% of the homes in Noorat were owner-occupied compared with 78.5% in 2016..

Noorat has 181 properties. Over the last 5 years, Houses in Noorat have seen a 95.28% increase in median value. As at 31 October 2024:

  • The median value for Houses in Noorat is $397,808 while the median value for Units is $371,209.
There are currently no properties listed for sale, and no properties listed for rent in Noorat on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Noorat.

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Davina Pickles
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Ray White Camperdown
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