SOLD
Sold on 01 May 2024 for $950,000

72-74 Tarraville Road
Port Albert VIC 3971

Bedrooms: 11
Bathrooms: 11
Car spaces: 1
Land area: 1675m2
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Property Details for 72-74 Tarraville Rd, Port Albert

Building Type
Commercial
Year Built
1871
Land Size
1675m2
Local Government
Wellington
Lot/Plan
PC370641

Last Listing description (September 2024)

Rodondo Accommodation (c-1871) is an exceptional example of what an accommodation business has to offer. Immaculately presented, rich with history and packed with charm.

Boasting a commanding position on the main road of the historic fishing village of Port Albert, a seaside haven for tourists and nearby attractions such as Wilsons Promontory National Park, Ninety Mile beach and the rainforest of Tarra/Bulga National Park. Port Albert is located 220 kms from Melbourne and a short drive to Sale and Traralgon.

Rodondo is a standout business that has grown over 18 years, due to the current owner's hard work. The business has a remarkable reputation from local clients, international, corporate, wedding parties and groups.

Features on offer -

- Perfect CBD location offering water views
- Five luxury Bed and Breakfast suites with contemporary renovations and ensuites
- Five fully self contained private cottages, with their own special features
- Private owners area complete with commercial kitchen, living area, office, bedroom, ensuite and loft
- Outbuildings - sewing room and 2 laundries
- Upstairs studio, vaulted ceilings with water views
- Remote door double garage/workshop with concrete flooring and power
- Off street parking, dog friendly
- Online booking system, website and operating 7 days
- Repeat clientele, great reviews
- Explore the Nooramuga Marine and Coastal Park waterways
- Wine and dine across the road at VerSicilia Restorante or visit Port Albert Fish & Chip Co for some delicious fish n chips

After 18 years of growing this strong performing business, the current owner has decided to retire and handover this thriving business.
A bright future awaits our region with the upcoming commencement of a major renewable energy program slated for later in 2027. With such a progressive initiative on the horizon, significant growth is undoubtedly on the horizon.

SOLD AS AN ONGOING CONCERN.

Guaranteed to impress! Private inspection is a must. Contact Sonya Brown 0427 444 244 to arrange an inspection of this charming property.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 51826600

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Property History for 72-74 Tarraville Rd, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$950,000
01 May 2024
  • 01 May 2024
    Sold for $950,000
  • 07 Mar 2023
    Listed for Sale $1,200,000
  • 04 Dec 2019
    Listed for Sale Contact Agent
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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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