SOLD
Sold on 06 Dec 2023 for $3,250,000

292-310 Tower Road
Portarlington VIC 3223

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 416m2
Land area: 36422m2
Sold By
James Gladman
Fletchers Bellarine
Sarah Monaghan
Fletchers Bellarine
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Property Details for 292-310 Tower Rd, Portarlington

Building Type
Commercial
Year Built
2013
Floor Size
416m2
Land Size
36422m2
Local Government
Greater Geelong
Lot/Plan
1/PS328830

Last Listing description (December 2023)

Step into the epitome of luxury with this stunning property that seamlessly combines timeless elegance and masterful design with modern potential. Bordered by privatising tree lanes, seclusion is assured thanks to a breathtaking, gated entrance and driveway edged in ornamental pear trees.

Set within landscaped gardens filled with arbours and mature plantings and offering views to the vineyard, this meticulously maintained Mt Gambier limestone Tuscan style home, designed by Architect James Deans, follows a passive design, maximising sunlight and position to ensure comfort all year round, whilst the flowing series of double glazed pavilions can be divided by elegant sliding doors creating relaxed family spaces around five bedrooms.

Sophisticated finishes and the inclusion of superior appliance brands such as Scholtes and Miele add to the exceptional feel of the high specification kitchen that opens to a stunning covered alfresco dining area fitted with in-roof heating. Inside, the informal lounge space is centred around a warming wood burning fireplace surrounded by stone and also boasts an in-built speaker system that continues outside.

An incredible home for entertaining, stunning vineyard views include space for weddings and boutique events supported by a permit for 100 guests and liquor license. The mature vineyard includes approx. 500 irrigated Shiraz vines with the space and potential for further plantings.

Curated with exceptional consideration, this unparalleled coastal retreat presents an exclusive semi rural lifestyle opportunity with a coastal feel, close to commuting options including the Portarlington Ferry service to Melbourne.

-exceptional design including 5 bedrooms & 2 living zones
-incredible open plan kitchen, dining and living fitted with high spec appliances
-smart home inclusions: remote access, security, ducted cooling, ducted vacuum, solar
-Butlers pantry, laundry, cellar, hydronic heating, storage and indoor access to garage
-Spacious second lounge, luxurious bathrooms,
-Mature Shiraz vineyard (500 vines) shedding, water tanks,

Property History for 292-310 Tower Rd, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$3,250,000
06 Dec 2023
  • 06 Dec 2023
    Sold for $3,250,000
  • 20 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Aug 2018
    Sold for $1,900,000
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About Portarlington 3223

The size of Portarlington is approximately 24.8 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Portarlington in 2011 was 3,581 people. By 2016 the population was 3,618 showing a population growth of 1.0% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation. In 2011, 72.8% of the homes in Portarlington were owner-occupied compared with 69.6% in 2016.

Portarlington has 4,136 properties. Over the last 5 years, Houses in Portarlington have seen a 44.84% increase in median value, while Units have seen a 26.70% increase. As at 30 September 2024:

  • The median value for Houses in Portarlington is $869,129 while the median value for Units is $642,576.
  • Houses have a median rent of $480 while Units have a median rent of $460.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Portarlington.

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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.