16 Grant Street, Forrest, VIC 3236 | Property Value & History | OnTheHouse
OFF MARKET

16 Grant Street
Forrest VIC 3236

Bedrooms: 7
Bathrooms: 9
Car spaces: 4
Land area: 1858m2
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Property Details for 16 Grant St, Forrest

16 Grant St, Forrest is a 7 bedroom, 9 bathroom House with 4 parking spaces. The property has a land size of 1858m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Land Size
1858m2
Local Government
Colac Otway
Lot/Plan
1/TP194614

Last Listing description (August 2024)

This iconic property includes 2 successful revenue streams: The Forrest Guesthouse and Dar Teta Restaurant with the addition of a 3-bedroom modern home. The total offering of 1865 sqm in the heart of Forrest, the mountain biking tourist mecca for riders, is an excellent return on investment opportunity.

Forrest Guesthouse
Set against the backdrop of lush greenery, this guesthouse offers a secluded sanctuary. A harmonious blend of old-world rustic allure and modern comforts defines this property creating an inviting ambiance for relaxation and rejuvenation. Situated within walking distance of the Forrest Brewery and General Store, this popular accommodation is conveniently located in the heart of town while remaining private. Four independent guest suites (3 King and 1 Queen), each with an ensuite, reverse cycle air conditioner and kitchenettes, all face north and are accessed by an expansive veranda. Each room is thoughtfully designed to offer a cozy retreat after a day of exploration, ensuring a restful night's sleep.

Restaurant Dar Teta
This established restaurant is currently tenanted and offers authentic Middle Eastern cuisine. Its a 60-seater restaurant with indoor and outdoor dining, and a huge commercial kitchen including a cool room. The current tenants lease ends on the 31 of May 2024, as a result, starting June 1st, the restaurant space will be available for new opportunities

Modern Home and Shed
This beautiful modern 3-bedroom (plus large office), 2-bathroom independent residence has a wood burner stove, underfloor heating in the bathrooms, and a modern kitchen in an open-plan setting, perfect for family and social gatherings. A new shed has been constructed and houses a laundry and plenty of storage room. There is room at the front of the house for 2 cars. The house has town water, while the garden utilises grey water for the lawns and garden beds. The enclosed orchard is also ready for the addition of raised garden beds that will also be protected from the abundant bird and wildlife.

Forrest is a vibrant town with so much to offer. Explore the abundance of nature trails, bike trails, waterfalls, and rainforests nearby, perfect for leisurely walks or adventurous beings. Gather around the fire pit for evenings filled with warmth and camaraderie.

We can provide information on the financial returns and potential earnings on request.

Property History for 16 Grant St, Forrest, VIC 3236

A timeline of how this property has performed in the market
Last Sold
$795,000
27 Mar 2019
Listed for Rent
21 May 2021
  • 16 Dec 2023
    Listed for Sale Not Disclosed
  • 21 Apr 2021
    Listed for Rent - Price not available
  • 27 Mar 2019
    Sold for $795,000
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About Forrest 3236

The size of Forrest is approximately 43.0 square kilometres. It has 2 parks covering nearly 31.2% of total area. The population of Forrest in 2016 was 230 people. By 2021 the population was 257 showing a population growth of 11.7% in the area during that time. The predominant age group in Forrest is 60-69 years. Households in Forrest are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Forrest work in a professional occupation.In 2021, 79.20% of the homes in Forrest were owner-occupied compared with 79.20% in 2016.

Forrest has 277 properties. Over the last 5 years, Houses in Forrest have seen a 11.86% increase in median value. As at 30 November 2025:

  • The median value for Houses in Forrest is $539,751.
There are currently no properties listed for sale, and no properties listed for rent in Forrest on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 3236

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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.