2-4 Station Street, Forrest, VIC 3236 | Property Value & History | OnTheHouse
OFF MARKET

2-4 Station Street
Forrest VIC 3236

Bedrooms: 2
Bathrooms: 3
Car spaces: 2
Land area: 842m2
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Property Details for 2-4 Station St, Forrest

Building Type
Commercial
Land Size
842m2
Local Government
Colac Otway
Lot/Plan
1/TP178828

Last Listing description (February 2019)

Freehold (including 2 titles) and business for sale
The sale of the popular Terminus Hotel in Forrest offers excellent potential to buy in to the town s beautiful lifestyle and community while providing a proven business and steady income.
The property includes 2 titles running between Station Street and Barwon Street. The hotel occupies one title while the other is currently used for car parking. Views from the Barwon Street end of the vacant title would make this an attractive proposition for a house site (STCA)

The sandstone hotel, located just off the Main Street and opposite the Forrest Caravan Park, was completely rebuilt in 1998. The main area boasts two large rooms which are currently designated as the bar and the bistro. Natural slabs of carefully crafted timber have been used to create the bar counters and, in concert with the floor to ceiling mural in the bistro, pay homage to the town s rich forestry history and character.
The bars in each of the Main Rooms are purposefully fitted with all the fridges, tills and equipment that are needed for efficient and successful operation during even the happiest of happy hours and the extensive seating (licensed for 159 patrons), wood burning heaters and large windows all add to the assurance of a positive drinking and dining experience for customers and staff alike.
The internal rooms are complemented by further seating on the balcony and in the beer garden where the atmosphere encourages customers to just take some time to relax, enjoy the views and soak in the peaceful Forrest ambience.
The kitchen, spacious cool rooms and associated storage areas are all well equipped and organized to allow for maximum efficiency and behind the main area, an office and a single bedroom & bathroom currently provide for a manager to live and work.
Rarely does an affordable opportunity to buy in to a business and freehold in this area come up. Buyers looking for the Otways lifestyle with extra possibilities should ensure they make a time to check it out.

Property History for 2-4 Station St, Forrest, VIC 3236

A timeline of how this property has performed in the market
Last Sold
$590,000
01 Feb 2019
  • 01 Feb 2019
    Sold for $590,000
  • 09 Nov 2018
    Listed for Sale $695,000
  • 22 May 2017
    Sold for $400,000
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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.

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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.