3 Montrose Ave, Apollo Bay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 411m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
If location and lifestyle sit at the top of your wish list, this beach cottage is the one. Perfectly positioned right in the true heart of Apollo Bay, youll love being able to walk just minutes to the beach, cafes, shops, and restaurants, everything you need is right on your doorstep.
Already a highly successful Airbnb, this property is immaculately presented and ready to enjoy. Whether youre seeking a permanent home, Holiday escape, or a proven income-generating investment, it ticks every box.
Even better, the property sits within Design and Development Overlay 6, which has no minimum lot size for subdivision. That means you could potentially build a second dwelling (STCA) and instantly double your income a rare opportunity so close to town.
Step inside and youll find a fully renovated, freshly painted coastal home with a relaxed, beachy aesthetic. Warm timber-look flooring, fresh white finishes, and light-filled interiors create an inviting space designed for easy living. The layout includes two bedrooms, an open plan living and dining area, and a modern kitchen, ideal for laid-back holiday vibes or everyday comfort.
The front bedroom enjoys peaceful views of Apollo Bays surrounding hills, while the large rear deck is perfect for entertaining, soaking up the fresh sea air, or watching the kids play in the expansive backyard. The north-facing, fully fenced front yard also provides a safe, sunny space for children and pets.
Set on a generous 752 sqm block, this property delivers not just lifestyle, but real investment potential, whether through subdivision, expansion, or simply enjoying the excellent holiday rental returns.
GOODLIFE HIGHLIGHTS
Prime central position walk to beach, shops & dining
Large 752 sqm block with subdivision potential (DDO6)
Immaculately presented & operating as a successful Airbnb
2 bedrooms | 1 bathroom | open-plan living
Huge rear deck & spacious fenced yards front and back
Covered parking plus off-street space for 2 cars
Ready to move straight in, holiday let, or reimagine
This is a rare chance to secure a slice of Apollo Bays most convenient living, where every day starts with a stroll to the beach and everything you love about the Bay is just a few steps away.
The size of Apollo Bay is approximately 87.1 square kilometres. It has 18 parks covering nearly 52.7% of total area. The population of Apollo Bay in 2016 was 1598 people. By 2021 the population was 1790 showing a population growth of 12.0% in the area during that time. The predominant age group in Apollo Bay is 60-69 years. Households in Apollo Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Apollo Bay work in a managers occupation.In 2021, 67.80% of the homes in Apollo Bay were owner-occupied compared with 64.50% in 2016.
Apollo Bay has 2,690 properties. Over the last 5 years, Houses in Apollo Bay have seen a 38.24% increase in median value, while Units have seen a 1.56% increase. As at 30 November 2025:
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