367-373 Raglan Parade, Warrnambool, VIC 3280 | Property Value & History | OnTheHouse
OFF MARKET

367-373 Raglan Parade
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: 25
Land area: 4364m2
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Property Details for 367-373 Raglan Pde, Warrnambool

Building Type
Commercial
Year Built
1980
Land Size
4364m2
Local Government
Warrnambool
Lot/Plan
5/PS319296

Last Listing description (August 2026)

Blue Whale Motor Inn

367-373 Raglan Parade, Warrnambool VIC

An outstanding opportunity to secure the freehold of the Blue Whale Motor Inn, a well-established accommodation asset positioned on Warrnambool's main commercial and tourism corridor. Offering a substantial landholding, secure holding income and significant future potential, this property presents an attractive investment for private investors, owner-operators and developers alike.

Property Highlights
• Freehold motel offered for sale.
• Well-established 24-room motel.
• Generous 4,634 sqm landholding.
• Prominent frontage to Raglan Parade, Warrnambool's primary arterial road.
• Excellent exposure with convenient access for tourists, corporate travellers and passing traffic.
• Strong regional tourism market supported by the Great Ocean Road, whale watching, Port Fairy and the Shipwreck Coast.
• Opportunity to retain as a passive investment or explore future value-add opportunities (STCA).
• Conveniently located close to Warrnambool CBD, restaurants, retail precincts, beaches and major local attractions.

Blue Whale Motor Inn offers investors the rare combination of secure income, a substantial landholding and a strategic location within one of Victoria's strongest regional accommodation markets. Whether you are seeking a long-term investment, an owner-operator opportunity or a property with future development potential (STCA), this asset deserves your consideration.

For further information or to arrange a confidential inspection, please contact
Sunny Hurne - 0433 168 822
Nitin Kumar - 0416 417 297

Interested parties should conduct their own due diligence prior to submitting an offer. All information is provided for general purposes only and does not constitute a representation by the vendor or agent.
Due Diligence Checklist: www.consumer.vic.gov.au/duediligencechecklist

Property History for 367-373 Raglan Pde, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$2,600,000
07 Jan 2022
  • 29 Jul 2026
    Listed for Sale EOI Ending 04.09.26
  • 07 Jan 2022
    Sold for $2,600,000
  • 15 Nov 2021
    Listed for Sale Investment $2,500,000
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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. There are 76 parks, covering nearly 6.4% of the total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 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 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.

Warrnambool has 19,935 properties. Over the last 5 years, Houses in Warrnambool have seen a 30.77% increase in median value, while Units have seen a 27.72% increase. As at 31 July 2026:

  • The median value for Houses in Warrnambool is $688,745 while the median value for Units is $484,484.
  • Houses have a median rent of $600 while Units have a median rent of $460.
There are currently 168 properties listed for sale, and 52 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 959 properties were sold in the past 12 months in Warrnambool.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.