OFF MARKET

511 Ventnor Road
Ventnor VIC 3922

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 275187m2
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Property Details for 511 Ventnor Rd, Ventnor

511 Ventnor Rd, Ventnor is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 275187m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Land Size
275187m2
Local Government
Bass Coast
Lot/Plan
1/TP532609

Last Listing description (March 2023)

This is a rare chance to invest in a lifestyle like no other.

Spanning 68 acres (approx.) this unique rural property currently encompasses two businesses and offers a fantastic income, Island Primary Produce a paddock to plate butcher shop and The Store a cafe offering light meals, coffee and regional produce. Both have a renowned local following, long leases and a good income. Further income is also provided with agistment at the property. There is plenty of potential for growth and capturing Phillip Island's ever popular tourism market. A further building envelope was approved by the Bass Coast Shire which has now lapsed but could easily be reinstated (STCA).


"Farm Gate tourism expansion opportunity": a unique opportunity to add to the existing commercial businesses with a winery, brewery, accommodation or restaurant taking advantage of increased local tourism trade and a burgeoning sea change market as well as passing Penguin Parade traffic. The possibilities are endless with the added value of the 100 year old historic brick chicory kiln which would make the perfect atmospheric commercial restaurant, winery or accommodation space or additional private guest space/artist studio etc.

The stunning rural property also includes an original 1930's homestead "Wanawong", which has been fully renovated and offers three bedrooms, two with private ensuites plus a third bathroom, two generous living areas and spacious, sun drenched decking for you to enjoy the native vista. Additionally, there is a tiny house, two bedroom portable pod that has been set up as a pop up space for a variety of imaginative uses as artist studio, accommodation, small business or guest wing.

In an exceptional location with five main paddocks, town water, 3 dams and fully fenced private gardens with raised vegetable beds and pond.

Not only will this property offer you the change you have been dreaming of but for the savvy investor this is an opportunity that does not come along often.

Property History for 511 Ventnor Rd, Ventnor, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$1,835,000
02 May 2019
Listed for Rent
$6/w
03 Dec 2014
  • 09 Mar 2022
    Listed for Sale $3,700,000 - $4,070,000
  • 03 Jul 2020
    Listed for Sale CONTACT AGENT
  • 02 May 2019
    Sold for $1,835,000
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About Ventnor 3922

The size of Ventnor is approximately 38.4 square kilometres. It has 10 parks covering nearly 5.8% of total area. The population of Ventnor in 2011 was 836 people. By 2016 the population was 862 showing a population growth of 3.1% in the area during that time. The predominant age group in Ventnor is 60-69 years. Households in Ventnor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ventnor work in a managers occupation. In 2011, 76.4% of the homes in Ventnor were owner-occupied compared with 77.8% in 2016.

Ventnor has 1,300 properties. Over the last 5 years, Houses in Ventnor have seen a 42.20% increase in median value, while Units have seen a 61.81% increase. As at 31 October 2024:

  • The median value for Houses in Ventnor is $804,765 while the median value for Units is $645,805.
  • Houses have a median rent of $490.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Ventnor on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Ventnor.

Suburb Insights for Ventnor 3922

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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.