30-36 Old Post Office RoadPrincetown VIC 3269
Property Details for 30-36 Old Post Office Rd, Princetown
Last Listing description (February 2020)
Apostles Camping Park and Cabins is located along the scenic and world-famous Great Ocean Road, only a short distance from the popular Twelve Apostles. The cabins enjoy a soothing and majestic view across the Gellibrand River estuary plain.
The owner-operators have absolutely loved their years in "paradise". They will very much miss the appreciative guests from around Australia and the World, some of whom have holidayed yearly at Princetown. Now the time has come to retire. This amazing property and its future commercial opportunities are available for you to seize.
The site enjoys the best commercial potential in the town. The Princetown Tavern is popular with tourists and locals all year round. It is located across the street. The 13th Apostle Backpackers is located next door. These are complimentary enterprises which draw customers from far and wide.
Accommodation and entertainment is highly sought along the Great Ocean Road. This demand is predicted to increase markedly. The property has the potential to be further developed to cater to a growing domestic and overseas market for eco-accommodation, and also for high quality modern accommodation, with nature-related recreational activities. The land zoning invites a wide range of commercial activities.
The site enjoys its own source of water. The licensed natural spring delivers the equivalent of around 200 long showers per day 365 days a year. The site also has its own sewerage treatment plant. Permission for this installation is rare and difficult to secure in such an environmentally pristine location.
Corangamite Shire is sympathetic to developments which respect, enhance, and appreciate the natural environment, and which also contribute to the regional economy. If you have a dream project, this may be just the opportunity for which you've been waiting.
The camping park and general store may be purchased as an on-going business, or on vacant possession.
Settlement terms are by negotiation.
Property History for 30-36 Old Post Office Rd, Princetown, VIC 3269
- 18 Dec 2024Sold for $1,540,000
- 21 Aug 2019Listed for Sale Contact Agent
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About Princetown 3269
The size of Princetown is approximately 119.9 square kilometres. There are 3 parks, covering nearly 28.0% of the total area. The population of Princetown in 2016 was 241 people. By 2021 the population was 236 showing a population decline of 2.1% in the area during that time. The predominant age group in Princetown is 50-59 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation.In 2021, 76.30% of the homes in Princetown were owner-occupied compared with 66.60% in 2016.
Princetown has 157 properties. Over the last 5 years, Houses in Princetown have seen a 37.93% increase in median value, while Units have seen a 37.21% increase. As at 30 June 2026:
- The median value for Houses in Princetown is $828,951 while the median value for Units is $641,784.
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