OFF MARKET

42 Back Beach Road
Sunset Strip VIC 3922

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 724m2
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Last updated 16 Sep 2024
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Property Details for 42 Back Beach Rd, Sunset Strip

42 Back Beach Rd, Sunset Strip is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 724m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in June 1990.

Building Type
House
Year Built
2009
Floor Size
158m2
Land Size
724m2
Local Government
Bass Coast
Lot/Plan
32/LP57844

Last Listing description (March 2016)

The Pelicans Motel is located approximately approx. 250 metres from the beach and main street of San Remo a small coastal town around 122 km south of Melbourne. As the gateway to Phillip Island, San Remo enjoys a high volume of tourist traffic particularly in summer months.
The motel features 14 suites (mixture of standard, spa and family suites) and a large operator s residence adjoining the reception area to the front of the property. Additional features include a large lockup garage, in ground swimming pool, kids play area and ample room to further expand the motel (STCA).
The property is situated on a large block of approx. 2,725 m2 (zoned general residential). Opportunity exists to significantly increase business income by updating motel suites and utilising online bookings websites.

Property History for 42 Back Beach Rd, Sunset Strip, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$27,000
12 Jun 1990
  • 15 May 2015
    Listed for Sale Not Disclosed
  • 12 Jun 1990
    Sold for $27,000
  • 01 Sep 1987
    Sold for $8,000
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About Sunset Strip 3922

The size of Sunset Strip is approximately 0.4 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Sunset Strip in 2011 was 339 people. By 2016 the population was 441 showing a population growth of 30.1% in the area during that time. The predominant age group in Sunset Strip is 0-9 years. Households in Sunset Strip are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sunset Strip work in a trades occupation. In 2011, 69% of the homes in Sunset Strip were owner-occupied compared with 61.7% in 2016.

Sunset Strip has 390 properties. Over the last 5 years, Houses in Sunset Strip have seen a 45.88% increase in median value. As at 31 August 2024:

  • The median value for Houses in Sunset Strip is $788,958 while the median value for Units is $705,482.
  • Houses have a median rent of $450.
There are currently 4 properties listed for sale, and 1 property listed for rent in Sunset strip on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Sunset strip.

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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.