168 Raglan Parade, Warrnambool, VIC 3280 | Property Value & History | OnTheHouse
 
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168 Raglan Parade
Warrnambool VIC 3280

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Land area: 3870m2
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Property Details for 168 Raglan Pde, Warrnambool

Building Type
Commercial
Land Size
3870m2
Local Government
Warrnambool
Lot/Plan
9/PS446595

Last Listing description (May 2021)

****50% Stamp Duty Saving****

+ Secure Ten (10) year lease to September 2025 plus options to 2035.

+ Annual, fixed, compounding 2.5% rent increases allowing for growth.
+ Tenant pays all usual outgoings except land tax.
+ Warrnambool Automotive Group The largest Warrnambool based automotive group with 3 locations.
Mazda Australia a subsidiary of the Japan-based Mazda Motor Corporation operating across 18 countries - Mazda is the 2nd best selling car brand in Australia up 33% YTD. *
+ High profile 3,870sqm Commercial Zone 2 corner site with 40m frontage to the Princes Highway. Accompanied by an additional 3,687sqm landholding, located off Wanstead Street with multiple uses STCA. Total combined site area 7,557sqm.
+ Impressive 1,450sqm building including large showroom, mezzanine level including offices and boardroom plus servicing/workshop area and spare parts.
+ Important Princes Highway frontage with exposure to over 27,000 vehicles passing daily.
+ Strategic location next to Woolworths anchored East Warrnambool Shopping Centre and the well-known Gateway Shopping Centre that includes various high profile tenants including Kmart, Coles, ALDI, Dan Murphy's and Hungry Jack's.
+ Warrnambool's large format retail hub is located within 1.3km including Bunnings Warehouse, Harvey Norman Centre, Super Cheap Auto, Rebel Sport, Beacon Lighting, Snooze and more.
+ Warrnambool: Victoria's largest coastal city (outside Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Estimated net rent: $430,197 pa + GST

For Sale for Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

*performancedrive.com.au

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Property History for 168 Raglan Pde, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$5,220,000
07 May 2021
  • 07 May 2021
    Sold for $5,220,000
  • 12 Apr 2021
    Listed for Sale Price on Request
  • 16 May 2012
    Sold for $1,265,000
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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 19,815 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.74% increase in median value, while Units have seen a 35.85% increase. As at 30 November 2025:

  • The median value for Houses in Warrnambool is $639,953 while the median value for Units is $409,315.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 135 properties listed for sale, and 24 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 877 properties were sold in the past 12 months in Warrnambool.

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