525-535 Raglan ParadeWarrnambool VIC 3280
Property Details for 525-535 Raglan Pde, Warrnambool
Last Listing description (August 2018)
On offer is an outstanding opportunity to secure the leasehold interest of a premium full service accommodation venue in the beautiful beachside city of Warrnambool. - Beautifully refurbished accommodation complex centrally located.- Diverse business with multiple income streams and a 27 year leasehold.- 61 beautifully appointed rooms with full minibar.- First class restaurant, bar and lounge serviced by a fully equipped kitchen.- Versatile fully equipped function centre can cater up to 300 guests includes a dedicated function kitchen.- Commercial laundry with high end professional equipment that services Warrnambool and surrounding districts.- Stunning outdoor leisure area including heated, swimming pool and spa, BBQ facilities and childrens playground.- High performing business operated under full management with huge potential for further growth.- Managers residence with 2 bedrooms and 2 bathrooms.NB: Property inspections are by appointment only
Property History for 525-535 Raglan Pde, Warrnambool, VIC 3280
- 14 Sep 2023Listed for Sale Offer Over $4,000,000
- 08 Aug 2018Listed for Sale $2,500,000 plus SAV
- 02 Jun 2010Sold for $3,250,000
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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 19,814 properties. Over the last 5 years, Houses in Warrnambool have seen a 41.59% increase in median value, while Units have seen a 28.83% increase. As at 31 December 2025:
- The median value for Houses in Warrnambool is $643,333 while the median value for Units is $414,300.
- Houses have a median rent of $580 while Units have a median rent of $450.
Suburb Insights for Warrnambool 3280
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