98 Possumtail Run, Merrimu, VIC 3340 | Property Value & History | OnTheHouse
OFF MARKET

98 Possumtail Run
Merrimu VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 200612m2
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Property Details for 98 Possumtail Run, Merrimu

Building Type
Commercial
Land Size
200612m2
Local Government
Moorabool
Lot/Plan
18/PS545410

Last Listing description (October 2020)

GROUP ACCOMMODATION - FREEHOLD INVESTMENT
(With potential to owner-operate in the near future)

20 hectares of land with potential future potential.

Sleeps 90 in 14 rooms

45 minutes from Melbourne

Caters to a wide variety of end users

Unique Architect designed building

State Forest along one boundary



This iconic School Camp has been established for 35 years and is very well known with a solid reputation within the industry.

The Freehold vendors built the business around a magnificent natural stone building and started operation in 1985.

The property has been leased for the last 20 years, the Freehold vendors now wish to sell. Over this time the use of the property has diversified and recently has become a favorite venue for Bush Weddings.

The current lessees have expanded the business, which has close proximity to Melbourne, Geelong and Ballarat, and now has a very impressive turnover. Many of the customers are regulars, some having spanned over 20 years.

Supervision, safety and conviviality are all enhanced because all accommodation and facilities are within the one large building. The well-established business name will be sold with the freehold.

Private personal accommodation is available for a small family within the building consisting of 2 bedrooms, private bathroom, kitchenette and separate entrance. Alternately a purchaser could rent the impressive vendors former home on 8 Ha of adjoining land.

A third alternative is to build a new managers residence on the existing School Camp land.


https://www.sunnystones.com.au/
Please visit the above site for a virtual tour of the camp.

Property History for 98 Possumtail Run, Merrimu, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$1,600,000
22 Jan 2020
  • 22 Jan 2020
    Sold for $1,600,000
  • 29 Jul 2019
    Listed for Sale $1,600,000.00
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About Merrimu 3340

The size of Merrimu is approximately 18.7 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Merrimu in 2016 was 374 people. By 2021 the population was 397 showing a population growth of 6.2% in the area during that time. The predominant age group in Merrimu is 40-49 years. Households in Merrimu are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimu work in a trades occupation.In 2021, 89.20% of the homes in Merrimu were owner-occupied compared with 84.20% in 2016.

Merrimu has 186 properties. Over the last 5 years, Houses in Merrimu have seen a -5.77% decrease in median value. As at 31 December 2025:

  • The median value for Houses in Merrimu is $684,295 while the median value for Units is $699,428.
There are currently 4 properties listed for sale, and no properties listed for rent in Merrimu on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Merrimu.

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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.