2-4 Whites RoadWarrnambool VIC 3280
Property Details for 2-4 Whites Rd, Warrnambool
Last Listing description (December 2022)
Motel and serviced apartment located in beautiful beach town of Warrnambool. With a secure 25 year lease on the property, this is a great investment opportunity to own real estate in the largest town on the Great Ocean Road!
Property features include:
- two self contained apartments (each apartment with 2 bedrooms)
- self contained (3 bedroom, 2 kitchen) private living quarters
- inground swimming pool
- all fixtures, fittings and furniture
Financials available upon request. Option to purchase Leasehold available to suitable candidates.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 2-4 Whites Rd, Warrnambool, VIC 3280
- 30 Dec 2023Sold for $2,600,000
- 21 May 2018Sold for $1,450,000
- 24 Jan 2018Listed for Sale $1,500,000
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0About Warrnambool 3280
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.
Warrnambool has 19,137 properties. Over the last 5 years, Houses in Warrnambool have seen a 72.05% increase in median value, while Units have seen a 40.00% increase. As at 31 July 2024:
- The median value for Houses in Warrnambool is $634,446 while the median value for Units is $381,166.
- Houses have a median rent of $525 while Units have a median rent of $420.
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