2299 Princetown Rd, Princetown is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 11188m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Situated on the hill behind the 12 apostles, this renovated farm house has 360 degree views, a 3 bedroom, 3 bathroom house, a large farm house kitchen, with dining room, lounge room with wood fire, and verandahs on 3 sides.
The house is presently run as a internationally renown B & B (12apostlesacommodation.com.au), but could easily be converted back, to being a charming family home. The property also has a 12m x 8m studio, a 3 bay shed, a chook house, 2 raised veggie patches and many fruit trees. There is a 120 thousand ltr water tank, and access to a large dam for garden water.
There is also a 1.5 acre paddock for a pony, or a couple of calves or alpacas. The land mass is just over 3 acres in total. The views are extensive and include the Otway Ranges, the hinterland of rolling hills, ocean views and the joy of viewing sunrise and sunset from within the house all year round. The star gazing is to die for!
The property is on the 12 apostles gourmet trail, and has the potential to add extra cabins for future tourism expansion (STCA). This property with its amazing endless views is certainly unique, and just perfect if your wanting to escape the pace of the city or the surf coast.
The size of Princetown is approximately 119.9 square kilometres. It has 3 parks covering nearly 28% of total area. The population of Princetown in 2011 was 353 people. By 2016 the population was 245 showing a population decline of 30.6% in the area during that time. The predominant age group in Princetown is 0-9 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation. In 2011, 67.2% of the homes in Princetown were owner-occupied compared with 66.6% in 2016..
Princetown has 151 properties. Over the last 5 years, Houses in Princetown have seen a 112.84% increase in median value. As at 30 September 2024:
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