10 Spence Street, Warrnambool, VIC 3280 | Property Value & History | OnTheHouse
 
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10 Spence Street
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1023m2
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Property Details for 10 Spence St, Warrnambool

Building Type
Commercial
Land Size
1023m2
Local Government
Warrnambool
Lot/Plan
1/TP692372

Last Listing description (March 2014)

Motel Leasehold
LEASEHOLD MOTEL:
VIBRANT VICTORIAN COASTAL TOWN.

Comprising:
21 - 3.5 AAA rated Units.
Family Rooms with kitchenettes
Disabled Unit
Spa Units
Outdoor entertaining area
BBQ area
Guest laundry
Centrally located, walking distance to CBD
Off street parking
Split system heating and cooling to all rooms
Wireless access
Austar to all rooms.
Finance available to approved applicants
Well presented 3 bedroom residence, with large kitchen, family room, seperate office and private courtyard
Extremely well presented Leasehold motel located in one of Victorias strongest coastal towns.
The Motel is situated within an easy walking distance to the CBD and offers charge back facilities to local restaurants and
clubs. The Motel has gone through a major upgrade both internally and externally over the last few years and offers a
wonderful opportunity to a new owner to benefit from these improvements.
The motel has a strong trading history and is underpinned by a long secure lease.
For further information on this opportunity or the arrange for a formal inspection please contact Steve Cooper on 0400
099845

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Property History for 10 Spence St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$1,150,000
03 Aug 2015
  • 03 Aug 2015
    Sold for $1,150,000
  • 12 Feb 2014
    Listed for Sale 550000 PLUS SAVING
  • 26 Apr 2001
    Sold for $480,000
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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.

Warrnambool has 19,818 properties. Over the last 5 years, Houses in Warrnambool have seen a 45.46% increase in median value, while Units have seen a 24.82% increase. As at 31 March 2026:

  • The median value for Houses in Warrnambool is $686,827 while the median value for Units is $444,586.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 149 properties listed for sale, and 25 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 918 properties were sold in the past 12 months in Warrnambool.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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