OFF MARKET

4930 South Gippsland Highway
Toora VIC 3962

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8197m2
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Property Details for 4930 South Gippsland Hwy, Toora

Building Type
Commercial
Land Size
8197m2
Local Government
South Gippsland
Lot/Plan
1/LP113850

Last Listing description (March 2013)

P1419 - Toora Lodge Motel Leasehold.
14 ROOMS, 2 BR. MANAGERS RESIDENCE
AND FULLY LICENSED RESTAURANT

In a prominent location and in the heart of this popular tourist destination this business offers solid trade with potential for more.
Set in attractive surrounds and close to fishing, beaches,
this family operated business comprises 14 guests rooms,
( 8 doubles, 3 x twin and 3 x family with mini bar and coffee & tea making facilities) 2 BR. managers residence, fully licensed restaurant
Within easy walking distance to the historical village of Toora and an easy
drive to beaches, scenic parks and fishing villages.
For more details contact selling agents.

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Property History for 4930 South Gippsland Hwy, Toora, VIC 3962

A timeline of how this property has performed in the market
Last Sold
$410,000
07 Aug 1990
  • 27 Jun 2012
    Listed for Sale P.O.A.
  • 18 Jan 2012
    Listed for Sale P.O.A.
  • 07 Aug 1990
    Sold for $410,000
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About Toora 3962

The size of Toora is approximately 52.6 square kilometres. The population of Toora in 2011 was 886 people. By 2016 the population was 682 showing a population decline of 23.0% in the area during that time. The predominant age group in Toora is 60-69 years. Households in Toora are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toora work in a managers occupation. In 2011, 77.1% of the homes in Toora were owner-occupied compared with 71.6% in 2016.

Toora has 549 properties. Over the last 5 years, Houses in Toora have seen a 69.63% increase in median value. As at 31 August 2024:

  • The median value for Houses in Toora is $465,962 while the median value for Units is $498,275.
  • Houses have a median rent of $235.
There are currently 3 properties listed for sale, and 1 property listed for rent in Toora on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Toora.

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