OFF MARKET

63 Tarraville Road
Port Albert VIC 3971

Bedrooms: 2
Bathrooms: 1
Car spaces: 11
Floor area: 66m2
Land area: 2012m2
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Property Details for 63 Tarraville Rd, Port Albert

63 Tarraville Rd, Port Albert is a 2 bedroom, 1 bathroom House with 11 parking spaces and was built in 2021. The property has a land size of 2012m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
2021
Floor Size
66m2
Land Size
2012m2
Local Government
Wellington
Lot/Plan
1/TP863065

Last Listing description (July 2023)

"Gowrie Guest House" was established in 1856 and is widely renowned throughout the District as being the premier piece of Real Estate when considering Holiday or Executive Accommodation. Offering a combination of options from sublime luxury accommodation, excellent returns from the 2 separate home/unit and future prospect of opening a retail outlet from the shopfront on the main street. Options, opportunity and future growth abound here in this must see property.

The current owners brought this expansive home/business in 2016 and made it their labour of love turning what was a lovely home into a beacon of "classic modern beauty". The transformation is dramatic as it is exquisite.

Beginning with a home of grand proportions each and every room has been sympathetically transformed to create the home and business as we see today. The elegant Victorian entrance hallway provides a glimpse of the grandeur to come. Nothing in this home has been left to chance. There are 2 formal sitting rooms (one with mezzanine loft), a central "courtyard style dining area with internal garden, a magnificent kitchen equipped with Euro appliances, granite benchtops and ample cupboards and a new central bathroom congenial to the era of the home. 4 stunning bedrooms (all with BIR), decorated under the guidance of a professional Interior Designer and WOW the results are striking. The use of colour works miraculously depicting the strong sense of creativity and style.

For those fortunate enough to own a home of this calibre it is often said that you can never own a home like this, you are merely the custodian contributing to its history. Such is Gowrie House.

The mature gardens offer peaceful surrounds and amenities including quest BBQ area, ample parking facilities for boats/jet ski's and a large shaded relaxation deck.

The "Hampton" is a 2 bedroom open planned cottage positioned at the rear of the complex. It was built in 2021 and is high quality luxury family accommodation. This cottage is in high demand for short stays due to its quality fit-out and location. Similarly, the single bedroom unit known as the loft is highly appealing to couples for a romantic getaway. Both premises provide a lucrative passive income.

The future is glowing for this area as a major renewable energy program is scheduled to commence later in 2023. Growth will occur

A cracking lifestyle home/business awaits.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 63 Tarraville Rd, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$130,000
09 Mar 2017
  • 26 Nov 2022
    Listed for Sale Contact Agent
  • 09 Mar 2017
    Sold for $130,000

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About Port Albert 3971

The size of Port Albert is approximately 31.3 square kilometres. It has 2 parks covering nearly 25.9% of total area. The population of Port Albert in 2011 was 248 people. By 2016 the population was 288 showing a population growth of 16.1% in the area during that time. The predominant age group in Port Albert is 60-69 years. Households in Port Albert are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Albert work in a professional occupation. In 2011, 65% of the homes in Port Albert were owner-occupied compared with 76.1% in 2016.

Port Albert has 468 properties. Over the last 5 years, Houses in Port Albert have seen a 80.96% increase in median value, while Units have seen a 95.91% increase. As at 30 November 2024:

  • The median value for Houses in Port Albert is $441,705 while the median value for Units is $317,114.
  • Units have a median rent of $190.
There are currently 36 properties listed for sale, and no properties listed for rent in Port albert on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Port albert.

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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.