1 Cliff Street, Torquay, VIC 3228 | Property Value & History | OnTheHouse
OFF MARKET

1 Cliff Street
Torquay VIC 3228

Bedrooms: -
Bathrooms: 3
Car spaces: 2
Floor area: 168m2
Land area: 613m2
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Property Details for 1 Cliff St, Torquay

Building Type
Commercial
Floor Size
168m2
Land Size
613m2
Local Government
Surf Coast
Lot/Plan
1/TP215115

Last Listing description (May 2019)

Kobo Cafe & Bar - Leasehold with Goodwill S.A.V
Kobo Caf? & Bar is situated at the beginning of the world famous Great Ocean Road. Currently a family owned and operated company committed to producing affordable, creative and quality plates whilst maintaining a high level of traditional hospitality service. The Managing Director of the company has been in hospitality since 1991; this wealth of experience has set the tone for the business. The company recognised an opportunity in the market to set a new standard and has grown from strength to strength since its inception in 2008.
Located in an original beach house, nestled in the heart of Old Torquay, Kobo is a fully licensed business operating daily from 7:30am. Kobo is popular with locals and visitors alike which ensures a steady stream of business throughout the year. Kobo can also cater for larger groups of up to 80 people which are permitted within the town planning permit and liquor license.

Location Close to Gilbert Street and The Esplanade
Food Contemporary dining
Drink Extensive choice of local wines and beers
Car parking - Adjoins Torquays largest free car park
Premises Bright, light and inviting
Management Cheery, happy, reliable staff

Property History for 1 Cliff St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$152,000
13 Jan 1997
Listed for Rent
$636/w
22 Oct 2008
  • 07 Nov 2014
    Listed for Sale 280000
  • 16 Jan 2010
    Listed for Sale $1,500,000
  • 30 Aug 2008
    Listed for Rent - Price not available
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About Torquay 3228

The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2016 was 13258 people. By 2021 the population was 18534 showing a population growth of 39.8% in the area during that time. The predominant age group in Torquay is 40-49 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation.In 2021, 75.70% of the homes in Torquay were owner-occupied compared with 73.40% in 2016.

Torquay has 11,339 properties. Over the last 5 years, Houses in Torquay have seen a 28.71% increase in median value, while Units have seen a 27.88% increase. As at 31 December 2025:

  • The median value for Houses in Torquay is $1,286,594 while the median value for Units is $860,419.
  • Houses have a median rent of $728 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 3228

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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.