OFF MARKET

30-36 Old Post Office Road
Princetown VIC 3269

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8096m2
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Property Details for 30-36 Old Post Office Rd, Princetown

Building Type
Land
Land Size
8096m2
Local Government
Corangamite
Lot/Plan
7~21/PP5654

Last Listing description (February 2020)

Apostles Camping Park and Cabins is located along the scenic and world-famous Great Ocean Road, only a short distance from the popular Twelve Apostles. The cabins enjoy a soothing and majestic view across the Gellibrand River estuary plain.

The owner-operators have absolutely loved their years in "paradise". They will very much miss the appreciative guests from around Australia and the World, some of whom have holidayed yearly at Princetown. Now the time has come to retire. This amazing property and its future commercial opportunities are available for you to seize.


The site enjoys the best commercial potential in the town. The Princetown Tavern is popular with tourists and locals all year round. It is located across the street. The 13th Apostle Backpackers is located next door. These are complimentary enterprises which draw customers from far and wide.

Accommodation and entertainment is highly sought along the Great Ocean Road. This demand is predicted to increase markedly. The property has the potential to be further developed to cater to a growing domestic and overseas market for eco-accommodation, and also for high quality modern accommodation, with nature-related recreational activities. The land zoning invites a wide range of commercial activities.

The site enjoys its own source of water. The licensed natural spring delivers the equivalent of around 200 long showers per day 365 days a year. The site also has its own sewerage treatment plant. Permission for this installation is rare and difficult to secure in such an environmentally pristine location.

Corangamite Shire is sympathetic to developments which respect, enhance, and appreciate the natural environment, and which also contribute to the regional economy. If you have a dream project, this may be just the opportunity for which you've been waiting.

The camping park and general store may be purchased as an on-going business, or on vacant possession.

Settlement terms are by negotiation.

Property History for 30-36 Old Post Office Rd, Princetown, VIC 3269

A timeline of how this property has performed in the market
  • 21 Aug 2019
    Listed for Sale Contact Agent

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About Princetown 3269

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 157 properties. Over the last 5 years, Houses in Princetown have seen a 107.69% increase in median value. As at 30 November 2024:

  • The median value for Houses in Princetown is $785,090 while the median value for Units is $641,784.
There are currently 5 properties listed for sale, and no properties listed for rent in Princetown on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Princetown.

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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.