59 Wollaston Rd, Warrnambool is a 5 bedroom, 4 bathroom Unit with 2 parking spaces. The property has a land size of 981m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
This is truly an amazing opportunity to purchase an extended family home or investment property in superb North Warrnambool.
The property consists of a 3 bedroom home, one bedroom unit and studio apartment, all on one title with separate access and parking to all.
The home itself is a comfortable circa 1960's home comprising entrance hall, living room, open plan kitchen/dining area with central bathroom & separate laundry. There are 3 bedrooms all with built in robes with the exceptionally large master including a parent's retreat/sitting area and newly renovated ensuite.
An attached double garage opens into an enclosed porch area providing undercover access to both the house and unit and through to the back deck/barbecue area.
The Studio apartment is fully self-contained with its own entrance and driveway. It has an as new kitchen and a fully renovated bathroom with a large living/bedroom area and would suit a multitude of uses. Although leased separately until recently it would also be an ideal rumpus room, teenagers retreat or man cave.
The house is currently leased to a first class tenant of 14 years who is keen to stay on, so if you are looking to invest there is instant revenue with the added option of leasing the unit &/or studio as well providing a great return on investment.
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 19,813 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:
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