SOLD
Sold on 13 Dec 2023 for $1,250,000

3/142-146 Timor Street
Warrnambool VIC 3280

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 89m2
Land area: 378m2
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Property Details for 3/142-146 Timor St, Warrnambool

3/142-146 Timor St, Warrnambool is a 1 bedroom, 0 bathroom Unit. The property has a land size of 378m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Warrnambool in the last 12 months.

Building Type
Unit
Floor Size
89m2
Land Size
378m2
Local Government
Warrnambool
Lot/Plan
1/PS436943

Last Listing description (February 2024)

Two level investment with second storey office space and ground floor food retail.

- High exposure Warrnambool CBD location
- Plenty of off & on street parking

- Restaurant 5x5 year lease
- Office is currently periodic lease
- Rurrent total rental $92,058 plus GST & outgoings
- Ground level approx. 250m2
- Second level approx. 298m2

A highly functional well maintained building in the heart of the action offers a great investment opportunity.

Warrnambool is situated on the Surf Coast of Victoria, 260km southwest of Melbourne and is the eighth largest city in regional Victoria in terms of population. The city is the regions main service centre for retail, business services, health and education. Located along the Great Ocean Road, Warrnambool is also a major tourist hub.

Please contact Jason Thwaites @ Ray White Warrnambool for further information.

For Sale by Expressions of Interest closing 1.00pm Friday 8th December 2023.

Property History for 3/142-146 Timor St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$1,250,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $1,250,000
  • 06 Nov 2023
    Listed for Sale Expressions of Interest - Closes 1pm Fri 8 Dec
  • 24 Oct 2002
    Sold for $300,000

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About 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 19,166 properties. Over the last 5 years, Houses in Warrnambool have seen a 61.76% increase in median value, while Units have seen a 50.43% increase. As at 31 October 2024:

  • The median value for Houses in Warrnambool is $609,090 while the median value for Units is $414,500.
  • Houses have a median rent of $530 while Units have a median rent of $420.
There are currently 211 properties listed for sale, and 21 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 656 properties were sold in the past 12 months in Warrnambool.

Suburb Insights for Warrnambool 3280

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Contact agent
Jason Thwaites
Show contact details
Ray White Warrnambool
Preferred contact:
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.